Balance of Payments Transaction Code

General trade, transaction code 101010.

Inward processing trade, transaction code 102030.

Inward processing, transaction code 102010.

Border trade, transaction code 101040.

The above is the more common trade mode corresponding to the balance of payments transaction code, a **** 335 kinds. I don't know what kind of trade form your company is in the end, what is the trade form on your customs declaration to find the corresponding transaction code.

Expanded Information:

Terms of trade:

The ratio of exchange between exported and imported goods. Also known as the ratio of import and export commodities, usually expressed as an index, that is, the import and export commodity ratio index. The formula is: terms of trade index = export price index / import price index × 100.

For example, the previous year as the base period, the import and export commodity price index are 100, the import and export commodity prices have increased, but the increase is different, the export commodity prices increased by 10%, the import commodity prices increased by 5%, then the terms of trade index increased.

The terms of trade index is higher than the base period, which means that the price of export commodities relative to the price of imported goods increased, that is, the country can be less exports for more imports, which is favorable to the country, is the improvement of foreign trade conditions.

On the contrary, if the price index of imported goods increases faster than that of exported goods, or even if the price index of exported goods remains unchanged or declines, the terms of trade index is lower than that of the base period, which means that a country will have to export more goods in exchange for the same amount of imported goods as it did originally, which is obviously unfavorable to the country and a deterioration in the terms of trade.

Baidu Encyclopedia - Trade