Trade reference

Trade terminology.
Made clearer.

From invoices to letters of credit. Clear explanations for people coordinating international shipments.

37terms
12subject areas

Results include general international terms. Market tags provide context; they do not establish permission for a particular shipment.

Entries found: 37

01Contracts & documents

CI / Invoice#

Commercial invoice

Commercial Invoice

A seller’s document identifying the goods, quantity, value and transaction terms. It supports payment and customs processing.

In practice

Match the currency, parties and amounts to the contract and specification.

PL#

Packing list

Packing List

Describes how cargo is packed, including packages, weights and marks. It connects the paperwork to the physical shipment.

In practice

Check package counts and weights against the transport document.

02Delivery terms

Incoterms®#

Rules allocating delivery responsibilities

International Commercial Terms

ICC rules allocate delivery obligations, costs and risks between seller and buyer. Contracts identify the chosen rule, named place and edition.

In practice

Record the precise location, for example FCA with an address and the 2020 edition.

International practiceSource: ICC
FCA#

Free carrier

Free Carrier

An Incoterms rule for any transport mode. The seller delivers to the buyer’s nominated carrier or other person at the agreed place.

In practice

Clarify the handover point and loading responsibilities.

International practiceSource: ICC Academy
FOB#

Free on board

Free On Board

A sea and inland-waterway Incoterms rule. Delivery and risk transfer occur when goods are on board at the port of shipment.

In practice

For container movements, discuss whether FCA better matches the handover.

International practiceSource: ICC Academy
CIF#

Cost, insurance and freight

Cost, Insurance and Freight

For sea shipments, the seller pays freight and required insurance to the named port. Risk transfers when goods are loaded on board at origin.

In practice

Distinguish the freight destination from the risk-transfer point.

International practiceSource: ICC Academy

03Customs & classification

HS / ГС#

Harmonized System

Harmonized System

The international basis for classifying goods using six-digit codes. National and regional tariffs add further detail.

In practice

A matching commercial product name alone is insufficient to establish classification.

ТН ВЭД ЕАЭС#

EAEU commodity nomenclature

EAEU Commodity Nomenclature for Foreign Economic Activity

The Eurasian Economic Union’s goods classification linked to its customs tariff. Classification depends on the specific product.

In practice

Provide the specialist with composition, intended use and product specifications.

GTİP#

Turkish customs tariff statistical position

Gümrük Tarife İstatistik Pozisyonu

A twelve-digit code in Türkiye’s tariff nomenclature. Its first six digits follow the HS structure.

In practice

Confirm the complete Turkish code with the importer and their customs specialist.

EORI#

EU customs operator identifier

Economic Operators Registration and Identification

A number identifying operators in European Union customs operations. It identifies a party, rather than a product.

In practice

Check which party’s EORI belongs in the relevant declaration.

04Ocean freight

B/L#

Bill of lading

Bill of Lading

A transport document recording cargo and shipment parties. Its form affects document handling and cargo release.

In practice

Agree the consignee, original-document requirements and release method in advance.

International practiceSource: Maersk
FCL#

Full container load

Full Container Load

A container is booked for one shipper’s cargo. FCL does not mean that every part of its capacity must be occupied.

In practice

Compare the quote against weight, volume and equipment limits.

International practiceSource: Maersk
LCL#

Less than container load

Less than Container Load

Shipments from several shippers share a container. Consolidation and deconsolidation add handling stages.

In practice

Clarify warehouse handling, timing and cargo compatibility.

International practiceSource: Maersk

05Rail freight

СМГС / SMGS#

International railway freight agreement

Agreement on International Railway Freight Communications

SMGS governs relevant international rail freight movements. Operational references to SMGS often also mean the SMGS consignment note.

In practice

Confirm the applicable regime and consignment-note form for the route.

Russia · China · CISSource: CIT
CIM/SMGS#

Common CIM/SMGS consignment note

Common CIM/SMGS Consignment Note

A shared document for agreed movements across CIM and SMGS systems. Use depends on participating carriers and traffic routes.

In practice

Confirm route eligibility before selecting the common form.

Russia · China · CIS · EuropeSource: CIT

06Road freight

CMR#

International road consignment note

Convention on the Contract for the International Carriage of Goods by Road

CMR names the convention and, in everyday use, its consignment note. The note records the cargo, parties and road carriage details.

In practice

Check the consignor, consignee and loading and delivery locations.

International practiceSource: UNECE
TIR / МДП#

International customs transit system

Transports Internationaux Routiers

The TIR Convention facilitates international transit using guarantees and customs seals. The movement must include a road leg.

In practice

Confirm availability with the carrier across the entire route.

Türkiye · Iran · Russia · CIS · EuropeSource: UNECE
eTIR#

Electronic TIR data exchange

Electronic TIR

An international system exchanging TIR data between participants. Digital processing depends on the readiness of the customs systems involved.

In practice

For routes through Iran, confirm the available procedure with the carrier.

Iran · Türkiye · CIS · EuropeSource: UNECE

07Air freight

AWB#

Air waybill

Air Waybill

The core air-cargo document forming the carriage contract between shipper and airline. An electronic e-AWB format is available.

In practice

Check routing, packages, weight and consignee information.

International practiceSource: IATA
IATA#

International Air Transport Association

International Air Transport Association

The airline industry association. Its standards and reference materials support air transport operations.

In practice

Confirm the airline’s requirements for the actual cargo.

International practiceSource: IATA

08Payments & banking

L/C / LC#

Documentary credit

Letter of Credit

A bank undertaking to pay against complying documents under the credit’s terms. UCP 600 applies when the credit expressly incorporates it.

In practice

Agree documentary requirements and deadlines with the bank before shipment.

International practiceSource: ICC
BIC / SWIFT code#

Business identifier code

Business Identifier Code

A BIC identifies an organisation in financial messaging. Possessing a code does not itself confirm Swift connectivity or a workable payment route.

In practice

Confirm current payment instructions and routing with the servicing bank.

International practiceSource: Swift
IBAN#

International bank account number

International Bank Account Number

A standardised account-number format used by participating countries. National formats differ; IBAN and BIC serve different purposes.

In practice

Obtain beneficiary instructions and validate them through the bank.

International practiceSource: Swift

09Agrifood trade & controls

SPS#

Sanitary and phytosanitary measures

Sanitary and Phytosanitary Measures

Measures addressing food safety and animal and plant health that affect international trade.

In practice

Review requirements for the specific product, country and manufacturer.

International practiceSource: WTO
PC / ФСС#

Phytosanitary certificate

Phytosanitary Certificate

An official document addressing the phytosanitary status of regulated goods, issued by the competent authority.

In practice

Check the product, consignment and importing-country requirements before dispatch.

International practiceSource: IPPC

10Quality & safety

HACCP / ХАССП#

Hazard analysis and critical control points

Hazard Analysis and Critical Control Points

A food-safety approach identifying hazards and controlling critical process steps.

In practice

During supplier review, request evidence of the supplier’s food-safety system.

International practiceSource: FAO / Codex Alimentarius
ISO 22000#

Food safety management systems

Food Safety Management Systems

An international standard for food-safety management systems. System certification does not replace shipment-specific market-access requirements.

In practice

Check the certificate’s scope, site and validity.

International practiceSource: ISO

11Institutions & systems

РЭЦ / REC#

Russian Export Center

Russian Export Center

An institution supporting Russian exports. Its My Export portal brings together services and applications for support measures.

In practice

Match the service to the task and check eligibility.

GACC#

China’s General Administration of Customs

General Administration of Customs of the People’s Republic of China

China’s customs administration. Its official resources support checks on product import requirements.

In practice

Look up the relevant product category as well as the country.

CIFER#

Overseas food enterprise registration system

China Import Food Enterprises Registration

GACC’s official registration system for overseas enterprises producing food for China.

In practice

Check whether the registration covers the actual production site and product.

MFDS#

Ministry of Food and Drug Safety

Ministry of Food and Drug Safety

South Korea’s competent authority covering, among other areas, imported-food safety.

In practice

Check product requirements and overseas-facility requirements separately.

South KoreaSource: MFDS
APEDA#

India’s agrifood export development authority

Agricultural and Processed Food Products Export Development Authority

An Indian authority promoting exports of designated agricultural and processed foods. It is not a universal import-approval authority.

In practice

Distinguish exports from India from shipments into India.

IEC#

India’s importer exporter code

Importer Exporter Code

A foreign-trade operator identifier managed through DGFT. An IEC does not replace product approvals or other checks.

In practice

Ask the Indian counterparty to confirm its current registration details.

ЕАЭС / EAEU#

Eurasian Economic Union

Eurasian Economic Union

The union of Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia. The EAEU and CIS are different groupings.

In practice

Identify the country and applicable regime rather than relying on “CIS”.

12Operations & scheduling

CRM#

Customer relationship management

Customer Relationship Management

An approach and software tools for organising customer information, enquiries and interactions.

In practice

For trade operations, link each enquiry to an owner, deadline and next action.

International practiceSource: Salesforce
ETA#

Estimated time of arrival

Estimated Time of Arrival

A forecast of when a vehicle or shipment will arrive. It is a planning estimate that can change.

In practice

Record the arrival point, time zone and last-update time.

International practiceSource: Maersk
ETD#

Estimated time of departure

Estimated Time of Departure

A forecast departure time. It does not confirm that a vessel or shipment has actually departed.

In practice

Check carrier updates and record actual departure separately.

International practiceSource: Maersk

These short explanations help you read documents and ask precise questions. Shipment requirements need separate review for the product, parties, route and date.

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