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Export

Physically and legally transmitting goods from a the boundaries of a country or national territory.

Import

Physically and legally transmitting goods into the boundary of a country or national territory.

Reexport 

Exportation from a customs territory of goods previously imported into that territory

Bonded Storage/Transport 

A method of storing or transporting goods that have either already been exported from an national territory, or have yet to be imported. The warehouse or truck are "international grounds."

Clearing 

The act of lawfully importing goods through a recognised import authority.

Agent 

Any third party who works on behalf of a contracting party. Most common in customs clearance are "clearing agents" and "forwarding agents."

Frustrated 

Cargo that is held up and unable to be imported to a country or territory for whatever reason.

Demurrage 

Fees that accrue from cargo behind held pre-customs. Frustrated cargo can greatly increase demurrage fees.

Boundary

The physical edge when entering or leaving a country or national territory.

Border 

The actual physical crossing point of a boundary. 
Port of EntryPort through which goods are imported.

Import Fees/Duties/Tariffs 

The legally required fees charged by governments to import goods. Each country has vastly different regulations. 
ExemptionWhen part or all of the import fees and / or process are exempted for specific goods or organizations, usually in response to extraordinary circumstances. 

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International Commercial Terms (Incoterms) – In the customs process Incoterms denote at what physical point cargo may be delivered to and who bears the responsibility for clearing customs. Incoterms range from the importer having to do all the work regarding transport and clearance (FCA) all the way to carriers clearing customs on behalf of the receiving agency and delivering to a named place inside the country (DDP). For information on international trade, see International Commercial Terms used in international contracts of sale.

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<center>Seller
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<center>First Carrier
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<center>Alongside Ship
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<center>Loading Port
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<center>Vessel
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<center>Destination Port
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<center>Alongside Ship
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<center>Final Carrier
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<center>Buyer
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Bonded Storage / Transport – a bonded storage facility is any facility that holds cargo that has not yet been cleared for import into a country, or cargo that has been pre-cleared for export from a country. In real terms, the inside of a bonded facility “international territory” for any cargo stored there. Bonded facilities are usually highly regulated and guarded, and penalties for removing cargo from a bonded facility without proper clearance can be very high. As cargo is imported into a country, usually customs authorities keep cargo in a bonded facility of some kind prior to clearing customs. Third party companies may also maintain bonded facilities if they have special arrangements with their respective customs authorities, or they operate in some kind free trade zone.

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