International logistics barter trade
1. The meaning of barter trade
Barter trade refers to a method of direct exchange of equivalent goods or basic equivalent goods between buyers and sellers. In the practice of international goods, there are two forms of narrow barter and broad barter. The narrow sense of bartering refers to the way in which buyers and sellers exchange goods directly. Their characteristics are: the value of the goods exchanged by both parties is equal or similar; they are traded at the same time; they do not pay money; they do not involve third parties, that is, no third parties participate. This bartering method has great limitations and is rarely used in modern international trade. International logistics Broad barter means that the two parties to the transaction open a letter of credit or book the value of the goods exchanged, offset each other, the payment is balanced within a certain period, and the deficit part is then paid in cash or commodities. Its characteristics are: the value of the goods exchanged at a time does not have to be exactly equal; import and export can be carried out at the same time, can also be carried out in succession; non-cash transactions, do not pay currency.
2. The role of barter trade
(1) The use of barter trade can save foreign exchange, which is beneficial to countries and enterprises that are in shortage of foreign exchange to carry out foreign trade, and the adjustment of the remaining shortage is the biggest advantage of barter trade. International logistics (2) Barter trade is conducive to bringing in and out, and opening up new markets. Not only that, barter trading's product mix is usually a combination of soft and hard, 9 parties can buy and sell the goods they need, but also bring out Domestic slow-moving goods.
(3) Barter trade basically does not need to use foreign exchange, which can avoid the negative impact of exchange rate fluctuations.
(4) Barter trade is conducive to avoiding foreign exchange control and trade barriers and expanding trading volume. ,
(5) An enterprise engaged in barter trade can use excess production capacity to increase sales, save marketing funds, and reduce