Abbreviation

Description

GTD

Global Trade Data, i.e. Global Import and Export Trade  Data, Global Trade Import and Export Data, Global Import and Export Data. GTD  includes GCD, GBD, GTS, GTF and GEI.

GTDT

GTDT is the abbreviation of our company: Global Trade  Data Technology Company.

HS

HS is the abbreviation of Harmonized System, which is  an international nomenclature defined by the World Customs Organization (WCO)  for the classification of products. It allows participating countries to  classify traded goods on a common basis for customs purposes. At the  international level, the HS for classifying goods is a six-digit code system.  HS is used by more than 200 countries and economies as a basis for their  Customs tariffs and for the collection of international trade statistics.  Over 98 % of the merchandise in international trade is classified in terms of  the HS.

GCD

Global Customs Data, i.e. Global Customs Import and  Export Data, Global Import and Export Customs Data. GCD contains names of importers  or exporters, searched according to HS Code of the product. GCD includes  Global Customs Import Data and Global Customs Export Data.

GBD

Global Bills Data, i.e. Global Bills Import and Export  Data, Global Import and Export Bills Data. GBD contains names of importers or  exporters, searched according to the keyword of the product. GBD includes  Global Bills Import Data and Global Bills Export Data.

GTS

Global Trade Statistics, i.e. Global Statistics Import  and Export Data, Global Import and Export Statistics Data. GTS is searched  according to HS Code of the product, without names of importers or exporters  Generally, GTS includes Global Import Statistics data, and Global Export  Statistics data.

GTF

Global Trade Flow, a statistics data by country. GTF  includes Global Import Flow and Global Export Flow.

GEI

Global Exporters & Importers, a detailed directory  of exporting and importing companies.. GEI includes Global Exporters and  Global Importers.

TTD

Total Trade Data, , i.e. Total Trade Import and Export  Data, Total Import and Export Trade Data, Total Import and Export Data. TTD  includes Total Import Data and Total Export Data.

Incoterm

International Commercial Term

CIF

CIF is a trade term (Incoterm) meaning Cost, Insurance  and Freight.Title and risk pass to buyer when delivered on board  the ship by seller who pays transportation and insurance cost to destination  port. Used for sea or inland waterway transportation.This Term involves  insurance with FOB price and ocean freight. The marine insurance is obtained  by the exporter at his cost against the risk of loss or damage to the goods  during the carriage.

FOB

FOB is a trade term (Incoterm) meaning Free on Bord.The FOB (Free on Board) price is inclusive of Ex-Works  price, packing charges, transportation charges upto the place of shipment.,  Seller also responsible for o clear customs dues, quality inspection charges,  weight measurement charges and other export related dues. It is important  that the shipment term in the Bill of Lading must carry the wording  "Shipped on Board' it must bear with signature of transporter or carrier  or his authorized representative with the date on which goods were  "Boarded".

CIP

CIP is a trade term (Incoterm) meaning Carriage  Insurance Paid To. Title and risk pass to buyer when delivered to carrier by  seller who pays transportation and insurance cost to destination. Used for any  mode of transportation.This term is similar to Carriage Paid To but the  seller has to arrange and pay for the insurance against the risk or loss or  damage of the goods during the shipment.

CFR

CFR is a trade term (Incoterm) meaning Cost and Freight.In this term the exporter bears the cost of carriage or  transport to the selected destination port, in this term the risk  transferable to the buyers at the port of shipment.

EXW

Ex Works. Title and risk pass to buyer including  payment of all transportation and insurance cost from the seller's door. Used  for any mode of transportation.

FCA

Free Carrier named point.Title and risk pass to buyer including transportation and insurance cost  when the seller delivers goods cleared for export to the carrier. Seller is  obligated to load the goods on the Buyer's collecting vehicle; it is the  Buyer's obligation to receive the Seller's arriving vehicle unloaded.

FAS

Free Alongside Ship.Title and risk pass to buyer including payment of all transportation and  insurance cost once delivered alongside ship by the seller. Used for sea or  inland waterway transportation. The export clearance obligation rests with  the seller.

CPT

Carriage Paid To. Title, risk and insurance cost pass  to buyer when delivered to carrier by seller who pays transportation cost to  destination. Used for any mode of transportation.

This term uses land transport by rail, road and inland  waterways. The seller and exporter are responsible for the carriage of goods  to the nominated destination and have to pay freight up the first carrier.

DAF

Delivered At Frontier. Title, risk and responsibility  for import clearance pass to buyer when delivered to named border point by  seller. Used for any mode of transportation.

This term is used when the goods are to be carried by  rail or road.

DES

Delivered Ex-Ship.Title, risk, responsibility for  vessel discharge and import clearance pass to buyer when seller delivers  goods on board the ship to destination port. Used for sea or inland waterway  transportation.

DEQ

Delivered Ex-Quay. Title and risk pass to buyer when  delivered on board the ship at the destination point by the seller who  delivers goods on dock at destination point cleared for import. Used for sea  or inland waterway transportation.

DDU

Delivered Duty Unpaid. Seller fulfills his obligation  when goods have been made available at the named place in the country of  importation.

DDP

Delivered Duty Paid. Title and risk pass to buyer when  seller delivers goods to the named destination point cleared for import. Used  for any mode of transportation.