International Trade Basics — HS Codes, Incoterms & Compliance

Trade Essentials

If you are new to international trade, Faktorist provides built-in tools and resources to help you navigate the basics.

HS Code Lookup

The Harmonized System (HS) is an international standard for classifying traded products. Use Tools → HS Codes to search by product name or code number. Correct HS codes ensure smooth customs clearance and accurate duty calculations.

Incoterms Selector

Incoterms define who is responsible for shipping, insurance, and customs at each stage of delivery. Use Tools → Incoterms Selector to compare terms like EXW, FOB, CIF, and DDP. The tool explains each term with visual diagrams.

Country Market Guides

Browse country-specific trade information from Resources → Countries. Each guide covers import/export regulations, major industries, trade agreements, and market opportunities.

Compliance Calendar

Stay on top of regulatory deadlines, trade agreement changes, and compliance requirements with the compliance calendar.