Foreign Trade Solution1 min read
Foreign Trade Terminology
Review definitions of foreign trade, imports and exports alongside terms relating to transit trade, customs procedures, freight and declarations.
| Term | Definition | English equivalent in the source |
|---|---|---|
| What is foreign trade? | The exchange of goods, services or capital across international borders and regions. | Foreign Trade |
| What is importing? | Bringing goods or services from other countries into a country where they will be processed, used, sold or exported. | |
| What is exporting? | Sending domestically produced goods or services abroad for sale. | |
| What is transit trade? | ||
| What is an inward processing authorization certificate (DİİB)? | IPR | |
| What is RÖB? | ||
| What is a customs procedure code? | ||
| What is freight? | ||
| What is a customs declaration? | ||
| What is a customs declaration amendment? | ||
| What is a transport container? | ||
| Free of charge | ||
| Customs broker | ||
| SAP IoT | ||
| Customs integration |
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