Category: Sourcing Guidelines

What Does COO Stand For? “COO” stands for several meanings, depending on the context in which it is used. Commonly, it refers to “Chief Operating Officer,” a high-ranking executive position …

In the calendar year of 2023, China exported goods worth US$85.3 million to Bermuda. Among the main exports from China to Bermuda were Railway Cargo Containers (US$61.6 million), Refined Petroleum …

What Does CO Stand For? “CO” stands for several things depending on the context in which it is used. However, one common interpretation in a business setting is “Commercial Operator.” …

In the calendar year of 2023, China exported goods worth US$1.49 billion to Benin. Among the main exports from China to Benin were Motorcycles and cycles (US$64.2 million), Other Large …

What Does CMP Stand For? CMP stands for Common Market Protocol, a crucial framework in regional economic integration that allows member countries to facilitate free movement of goods, services, people, …

In the calendar year of 2023, China exported goods worth US$379 million to Belize. Among the main exports from China to Belize were Passenger and Cargo Ships (US$134 million), Rolled …

What Does CITES Stand For? CITES stands for the Convention on International Trade in Endangered Species of Wild Fauna and Flora. It is a multilateral treaty developed to protect endangered …

In the calendar year of 2023, China exported goods worth US$30.5 billion to Belgium. Among the main exports from China to Belgium were Cars (US$5.47 billion), Large Construction Vehicles (US$997 …

What Does CIP Stand For? CIP stands for “Carriage and Insurance Paid To,” a term commonly used in international shipping contracts under the Incoterms (International Commercial Terms) rules published by …

In the calendar year of 2023, China exported goods worth US$3.23 billion to Belarus. Among the main exports from China to Belarus were Cars (US$331 million), Video Displays (US$250 million), …

What Does CIF Stand For? CIF stands for “Cost, Insurance, and Freight,” a term commonly used in international shipping contracts that denotes the seller’s responsibilities. In a CIF agreement, the …

In the calendar year of 2023, China exported goods worth US$166 million to Barbados. Among the main exports from China to Barbados were Railway Cargo Containers (US$41 million), Semiconductor Devices …

What Does CI Stand For? CI stands for “Commercial Invoice.” It is a crucial document used in international trade transactions to provide details about the goods being shipped, their value, …

In the calendar year of 2023, China exported goods worth US$26.8 billion to Bangladesh. Among the main exports from China to Bangladesh were Refined Petroleum (US$2.23 billion), Light Rubberized Knitted …

What Does CFS Stand For? CFS stands for “Container Freight Station.” It refers to a facility where goods are consolidated, deconsolidated, and temporarily stored during the shipping process. Container Freight …

In the calendar year of 2023, China exported goods worth US$2.33 billion to Bahrain. Among the main exports from China to Bahrain were Pitch Coke (US$232 million), Special Purpose Ships …

What Does CFR Stand For? CFR stands for “Cost and Freight.” It is an international trade term used in shipping contracts to denote that the seller is responsible for the …

In the calendar year of 2023, China exported goods worth US$405 million to Bahamas. Among the main exports from China to Bahamas were Refined Petroleum (US$186 million), Iron Structures (US$41.3 …

What Does CETA Stand For? CETA stands for “Comprehensive Economic and Trade Agreement.” It is a free trade agreement between Canada and the European Union (EU) and its member states. …

In the calendar year of 2023, China exported goods worth US$1.51 billion to Azerbaijan. Among the main exports from China to Azerbaijan were Broadcasting Equipment (US$80.2 million), Computers (US$68.4 million), …

What Does CE Stand For? CE stands for “Conformité Européenne,” which translates to “European Conformity” in English. It is a mandatory conformity marking for certain products sold within the European …

In the calendar year of 2023, China exported goods worth US$7.13 billion to Austria. Among the main exports from China to Austria were Broadcasting Equipment (US$674 million), Computers (US$287 million), …

What Does CBP Stand For? CBP stands for Customs and Border Protection. It is a United States federal agency responsible for facilitating lawful international trade and travel while enforcing customs, …

What Does CBM Stand For? CBM stands for Cubic Meter. It is a unit of volume measurement used to quantify the volume of a three-dimensional space, commonly in the context …

What Does CAP Stand For? CAP stands for Common Agricultural Policy. It is a European Union (EU) policy that aims to support agricultural production, ensure a stable food supply, promote …

In the calendar year of 2023, China exported goods worth US$81.2 billion to Australia. Among the main exports from China to Australia were Computers (US$5.14 billion), Broadcasting Equipment (US$4.42 billion), …

What BIP Stands For Border Inspection Post (BIP) stands for a crucial checkpoint established at national borders to regulate the movement of goods, ensuring compliance with various legal, safety, and …

In 2023, China exported $76.5 million to Aruba. The main products exported from China to Aruba were Cars ($9.46 million), Rolled Tobacco ($4.5 million), Other Furniture ($3.65 million), Air Conditioners (US$3.02 million) and Aluminum Structures (US$3.01 million). During the last 27 years the …

What Does BEA Stand For? BEA stands for Bureau of Economic Analysis. It is an agency within the United States Department of Commerce responsible for providing comprehensive and accurate economic …

In the calendar year of 2023, China exported goods worth US$1.1 billion to Armenia. Among the main exports from China to Armenia were Broadcasting Equipment (US$182 million), Computers (US$68.6 million), …