Choose the right electrical appliance export trading agent - A new weapon to expand the international market!

This article details the matters needing attention and operation procedures when choosing a suitable agent and signing a contract in the electrical appliance export trade. It also elaborates on its important position and broad prospects in combination with the data of the General Administration of Customs of China! Helping you smoothly expand into the international market!

With the development of global economic integration, the electrical appliance export trade has become increasingly active. However, for many enterprises, directly participating in the competition in the international market may face many challenges, such as language barriers, cultural differences, and trade regulations. At this time, the electrical appliance export trade agent has become an important partner for enterprises to expand into the international market. This article will focus on the keyword of electrical appliance export trade agent and introduce you to relevant concepts, operation procedures, matters needing attention, and contract content in detail.

I. Industry Conditions

According to the data of the General Administration of Customs of China, the export scale of Chinas electrical products has continued to grow in recent years. In 2020, the total export value of Chinas electrical products reached 1.1 trillion yuan, a year - on - year increase of 14.7%. Among them, the export value of household electrical appliances was 705.63 billion yuan, a year - on - year increase of 11.4%; the export value of electronic electrical products was 394.37 billion yuan, a year - on - year increase of 19.1%. This data indicates that the electrical appliance export trade occupies an important position in Chinas foreign trade.foreign tradeII. Concept of Electrical Appliance Export Trade Agent

An electrical appliance export trade agent refers to an industry that accepts the entrustment of the consignor or consignee of export goods, acts in the name of the principal or in its own name, handles business such as goods, inspection application, consignment, etc. for the principal, and charges agency fees. Simply put, it is an intermediary agency that helps enterprises export electrical products to foreign markets.

III. Operation Process of Electrical Appliance Export Trade AgentExport ClearanceThe enterprise signs an agency contract with the agency company to clarify the rights and obligations of both parties. The contract should include terms such as the scope of agency, agency fees, service content, and liability for breach of contract.In order to crack down on tax evasion, the customs and tax departments are now strictly examining the operation of buying export declarations. If the behavior of buying export declarations is discovered, the regulatory authorities will require tax replenishment (even a 2% tax rate may be a considerable amount). In addition, fines may also be imposed on the relevant responsible parties.Prepare Export Goods

The enterprise prepares export goods in accordance with the contract requirements and ensures that the goods meet the relevant standards and regulations of the export country.

The enterprise signs an agency contract with the bearing export agency company to clarify the rights and obligations of both parties. The contract should include content such as the scope of agency, agency period, agency fees, and export targets.

Customs Declaration and Inspection Application

The agency company is responsible for handling the customs declaration and inspection application procedures for the goods, including filling out the customs declaration form, submitting relevant documents, and paying customs duties.

Consignment

The agency company selects an appropriate mode of transportation and carrier according to the characteristics of the goods and transportation requirements, and handles the consignment procedures for the goods.

Settlement of Exchange

The agency company is responsible for handling the settlement of exchange procedures for the goods, including collecting payment, exchanging foreign exchange, and paying freight.

Track the Goods Transportation

The agency company tracks the transportation of the goods and timely feedbacks the transportation progress and arrival situation of the goods to the enterprise.

The agency company is responsible for handling after - sales service issues of the goods in the export country, including maintenance, return and exchange of goods, etc.

IV. Precautions for Electrical Appliance Export Trade Agent

When choosing an agency company, enterprises should consider factors such as the reputation, professional ability, and service level of the agency company. The strength of the agency company can be evaluated by checking its qualification certificates, customer reviews, and industry reputation.

After - sales service

Clarify Agency Fees

Enterprises should clarify with the agency company the calculation method and payment method of agency fees to avoid fee disputes.

Select a suitable agency company

Pay Attention to Contract Terms

When signing an agency contract, enterprises should carefully read the contract terms to ensure that the contract content meets their requirements and interests. For vague or unreasonable terms in the contract, they should negotiate with the agency company for modification in a timely manner.

Comply with Laws and Regulations

When conducting electrical appliance export trade, enterprises should comply with national laws and regulations and relevant regulations of the export country to avoid illegal and irregular behaviors.

Strengthen Risk Management

Enterprises should strengthen the risk management of electrical appliance export trade, including goods transportation risks, exchange rate risks, credit risks, etc. Risks can be reduced by purchasing insurance, signing contracts, and strengthening credit management.

V. Basic Content of the Electrical Appliance Export Trade Agency Contract

Strengthen Risk Management

Enterprises should strengthen the risk management of electrical appliance export trade, including cargo transportation risks, exchange rate risks, credit risks, etc. Risks can be reduced by purchasing insurance, signing contracts, strengthening credit management, etc.

V. Basic Contents of the Electrical Appliance Export Trade Agency Contract

Contracting Parties

Both parties to the contract should clarify the basic information such as the names, addresses, and contact information of the agency company and the enterprise.

Scope of agency

The contract should clearly define the scope of agency of the agency company, including the types of goods, quantity, export countries, etc.

Agency fees

The contract should clearly define the calculation method and payment method of agency fees, including the standards of agency fees, payment time, payment method, etc.

Service content

The contract should clearly define the service content of the agency company, including customs declaration and inspection, consignment, foreign exchange settlement, tracking of cargo transportation, after - sales service, etc.

Clarify the liability for breach of contract of both parties, including the circumstances of breach of contract, the calculation method of liquidated damages, etc.

The contract should clearly define the liability for breach of contract of both parties, including the circumstances of breach of contract, the consequences of breach of contract, the calculation method of liquidated damages, etc.

Dispute Resolution

The contract should clearly define the method of dispute resolution, including settlement through negotiation, arbitration, litigation, etc.

Other Clauses

The contract may also include other clauses, such as confidentiality clauses, force majeure clauses, contract change clauses, etc.