Export/Import Terms Company Profile

International Chemical Business Terms

Below is a list of export and import related terms to help you navigate the international chemical business. All terms are listed alphabetically.


WCO (World Customs Organization)

An international organization founded in 1952, aiming to provide an effective administration of the customs systems of member countries.
Headquartered in Brussels, Belgium, with 179 countries and regions member as of 2014.

Weighing Machine

It is called Kankan in Japanese. The process of weighing the weight of the cargo or the weighing machine.

White countries

Complementary Export Regulation. See Catch-All Controls.

Wholly Obtained or Produced Goods

The goods whose production is completed in a single country. For example, harvested agricultural/fishery products, extracted mineral goods, hunted animals, scrap and waste resulted during production or items collected after that, and goods produced using only wholly obtained materials as resources. Attention needs to be paid to point that the scrap and waste resulted during production process are specified as Wholly Obtained or Produced Goods.

WTO (World Trade Organization)

An international organization that regulates international trade rules for promotion of free and fair trades. Headquartered in Geneva, Switzerland. Founded in 1995 as the successor of the former GATT (General Agreement on Tariffs and Trade). One of the WTO agreements, DSU (Understanding on Rules and Procedures Governing the Settlement of Dispute) regulates the means of settling disputes regarding trade between the member countries, handling a large number of issues. The main non-member countries as of 2014 are North Korea, Somalia, East Timor, Eritrea, Tuvalu, Kosovo, South Sudan, Turkmenistan, Palau, Monaco, San Marino, Kiribati, Micronesia, Cook Islands, Marshall, Nauru, etc.