Insights
Practical guides for importers and exporters
Plain-English explanations of the shipping terms, payment instruments and trade documents behind every international commodity transaction.
Incoterms
What Is CIF in Import and Export? A Simple Guide for International Buyers
Cost, Insurance and Freight is one of the most common terms in commodity trading. Here is what each side pays for, and what a proper CIF quotation should contain.
Read the guideLetter of Credit Explained: How L/C Payments Work in International Trade
An L/C is the backbone of large commodity payments. Here is how irrevocable and at-sight Letters of Credit work, and the documents they usually call for.
5 min readCIF vs CFR vs FOB: Which Shipping Term Should Importers Use?
A lower FOB price is not always the cheaper deal. Compare the three terms importers see most often and learn how to compare offers like for like.
4 min readHow to Find Reliable International Suppliers and Avoid Commodity Trading Scams
Finding a supplier online is easy. Finding one that can actually deliver the cargo is the real work. A practical verification checklist for importers.
6 min readWhat Is an SCO in International Trade? Soft Corporate Offer Explained
The SCO is usually the first commercial document a buyer receives. Here is what belongs in one, and how it differs from an FCO.
4 min readHave a requirement behind the reading?
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