WHAT IS BARTER TRADE

Barter trade is the abbreviation of such a mode of trading that realizes exchanges of import cargo and export cargo directly without currency as a payment medium. In China Customs Clearance Standardization Manual, barter trade has a “Regulatory Control Method” code of 0130.

Modern barter trade has entered into an E-commerce era, which fully exerts the advantages of internet technology and platforms to provide all-round barter information and systematic solutions for enterprises. It has broken the geographical and time limitations of traditional barter, instead, achieved a smooth trading globally without restrictions on space or time.