PI

Proforma Invoice - Preliminary invoice sent before shipment detailing goods, prices, and terms.

Definition

Proforma Invoice - Preliminary invoice sent before shipment detailing goods, prices, and terms.

Why It Matters for Importers

Understanding PI is essential for anyone sourcing products from China. This term is commonly used in trade negotiations, shipping documentation, and supplier communications. Having a clear understanding helps you:

Communicate more effectively with suppliers and freight forwarders
Make informed decisions about shipping and logistics
Avoid misunderstandings that could lead to delays or additional costs

Related Terms

Packing List

Document listing all items in a shipment with quantities, weights, and dimensions.

PSI

Pre-Shipment Inspection - Final quality check before goods leave the factory.

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