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A distinct set of terminology used in the shipping and logistics sector facilitates international trade. Understanding these key terms is crucial for effectiveness and seamless operations, whether you’re handling international trade, supply chain coordination, or shipment management.

These ten logistics and shipping terms are essential to understand:

1. FOB (Free On Board): Until the goods are loaded onto the vessel, the seller bears all costs; after that, the buyer is responsible.

2. EXW (Ex Works): All transportation expenses from the seller’s location are covered by the buyer.

3. Estimated Time of Arrival (ETA): The anticipated day and time that a shipment will arrive at its destination.

4. Estimated Time of Departure (ETD): The time and date that a shipment is expected to depart its point of origin.

5. Less than Container Load, or LCL, is a shipment that is mixed with other items and does not fill an entire container.

6. Full Container Load (FCL): A shipment that takes up a whole shipping container.

7. Bill of Lading (BOL): A legal document that lists the contents, ownership, and delivery instructions of a shipment.

8. CIF (Cost, Insurance, and Freight): The seller covers the cost of the goods, insurance, and freight to the port of destination.

9. DAP (Delivered at Place): The buyer pays customs taxes even though the seller delivers the goods to the buyer’s address.

10. Warehouse: A location where products are stored prior to delivery or distribution.

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Due to its excellent quality and products variety, Türkiye considered a strategic trade destination for importers . However, importing goods from Türkiye requires knowledge of the necessary steps to ensure success. In this article, we will guide you to the essential steps of the import process and how to become a successful partner in this process with TradeStream’s integrated services.

STEP ONE: DETERMINE THE TYPE OF PRODUCTS

The first important step is the researching and deciding the type of goods you wish to import and this may include various fields such as fashion, electronics, houseware, cosmetics and others. Trdaestream will help you to choose the most suitable products for your target market through an access to the best factories and suppliers in Türkiye who offer high-quality products at competitive prices. 

STEP TWO: COMMUNICATION AND NEGOTIATIING WITH SUPPLIERS

Once you decide the products type and the supplier, you need to reach out to them to discuss prices, payment terms, and delivery time. You must be accurate in these negotiations to ensure that you get the best offer. TradeStream helps you negotiate with suppliers to get the best prices and conditions that fits with your business. We can negotiate on your behalf to ensure a win-win deal.

STEP THREE: QUALITY AND SPECIFICATION VERIFICATION

Before exporting, you need to make sure that the products meet your local market regulations and standards.  Inspection of samples is an important step in avoiding difficulties associated with defective products. TradeStream helps you to complete the entire quality assurance procedure through our trusted partners in Türkiye.

STEP FOUR: ARRANGE THE SHIPPING PROCESS

Once the preceding procedures have been agreed upon and verified, it is time to coordinate the shipping process. The volume and weight of the items determine the most appropriate mode of shipment, whether by sea, air, or inland.

Tradestream offers comprehensive logistics services such as shipping and supporting the safe and timely delivery of products. We assist you in determining the most cost-effective shipping methods to enhance your profit margins.

STEP FIVE: FINALIZE CUSTOMS PROCEDURES

Completing customs formalities is an essential step for the clearance of goods. The merchant is required to submit the required documents and pay the required customs duties.

Tradestream provide you expert advice on customs procedures, helping you streamline the customs clearance process and ensure that you comply with all Türkish laws, which contributes to reducing time and costs.

STEP SIX: RECEIVING AND DISTRIBUTING GOODS

Once the goods passed the shipping and customs clearance process, you can receive the goods and start distributing them in your local market.

 Tradestream assists you developing product distribution strategies in domestic and international markets. We help you create a distribution plan that aligns with your expansion goals to ensure the success of products in the market.

The process of importing goods from Türkiye may seem complex, but it becomes much smoother when you partner with a professional company like Tradestream. From supplier selection and price negotiation to quality inspection, shipping, and customs clearance, we support you every step of the way to ensure the success of your import.

If you’re seeking a reliable partner for your import journey from Türkiye, Tradestream offers comprehensive services that provide guidance and support throughout the entire process, helping you achieve your business objectives with ease and efficiency.

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