The terminology of international trade
In the world of exports and international trade, there are a large number of terms that you need to be aware of. These terms are used in international marketing, in international finance, in international documentation, in international payments, in international logistics, in international law, in international economics, and in exporting in general. Some of the terms are extremely technical and their misinterpretation can have dire consequences on your success in exporting. It is for this reason that you should ensure that you understand exactly what is meant by these various terms. ExportHelp has created a database of export terms that you can use. We have also provided you with a list of international trade glossaries that you can turn to for clarity’s sake. We provide a link to each of these glossaries and also provide a description of each these lists of terms.
Please note that these glossaries are for general guidance only and are not intended as a substitute for appropriate investment and legal advice. If you are dealing with export contracts, get expert help! We provide a list of lawyers that specialise in international trade matters. Take the effort to visit one of these lawyers and get their advice – it could cost you dearly otherwise.
A highly recommended reference source for all the terms mentioned here can be acquired from the popular reference book Trading Words & Phrases. All the terminology you need to know is contained in this one book with easy-to-follow descriptions of the often confusing world of exporting and trading.