Can Odoo handle international trade?

Yes. Odoo supports multi-currency transactions, Incoterms on purchase and sales orders, landed cost allocation, and document management for bills of lading, certificates of origin, and customs paperwork.

How does Odoo calculate landed costs?

The Landed Costs feature allocates freight, insurance, duties, and other charges to product costs. Allocation can be by value, weight, volume, or equal distribution across products in the shipment.

Does Odoo support multi-currency accounting?

Yes. Purchase and sell in any currency with automatic exchange rate updates. Odoo tracks unrealized and realized FX gains/losses and supports multi-currency bank accounts.

Can Odoo track shipments in transit?

Yes. Transit locations in Inventory track goods between origin and destination. Container numbers and vessel details can be recorded on transfers for end-to-end shipment visibility.

Odoo for Import/Export & International Trading (2026)

Why Odoo for Import/Export Trading?

International trading companies manage complex supply chains spanning multiple countries, currencies, and regulatory environments. They need to track shipments across oceans, calculate landed costs accurately, manage foreign exchange exposure, handle customs documentation, and maintain compliance with trade regulations. Odoo provides multi-currency accounting, inventory with container tracking, purchase management with international terms, and document management for trade compliance.

Key Modules

Need	Odoo Module	Trade Use
Multi-Currency	Accounting	Buy in CNY/EUR, sell in USD, track FX gains/losses
Purchasing	Purchase	International POs with Incoterms
Inventory	Inventory	Container tracking, bonded warehouse, transit stock
Landed Costs	Inventory	Freight, insurance, duties allocated to products
Sales	Sales	Export orders, packing lists, commercial invoices
Documents	Documents	Bill of lading, LC, certificate of origin
CRM	CRM	International buyer/supplier relationships
Accounting	Accounting	Multi-company, intercompany transactions

Import Workflow

# Step-by-step import process:
# 1. Purchase Order created (Supplier: Shenzhen MFG Co.)
#    Currency: CNY | Incoterm: FOB Shenzhen
#    Items: 5,000 units Widget-X @ CNY 45 = CNY 225,000

# 2. Supplier ships → Bill of Lading received
#    Container: CSLU-1234567
#    Vessel: MSC Anna | ETD: Mar 1 | ETA: Mar 28

# 3. In-transit inventory created
#    Location: Transit / Ocean Freight
#    Status: In Transit (not yet available for sale)

# 4. Customs clearance
#    HS Code: 8471.30 (portable computers)
#    Duty rate: 0% (certain electronics)
#    Customs broker fee: $350
#    Documentation: commercial invoice, packing list, BOL, COO

# 5. Landed cost calculation:
#    Product cost (CNY 225,000 → $31,250 at 7.2 rate)
#    Ocean freight: $2,800
#    Insurance: $180
#    Customs broker: $350
#    Port handling: $450
#    Inland trucking: $600
#    Total landed: $35,630
#    Per unit: $7.13 (vs FOB $6.25)

# 6. Goods received into warehouse
#    Location: Main Warehouse
#    Status: Available for sale

Export Workflow

# Export order process:
# 1. Sales Order (Customer: EuroDist GmbH, Germany)
#    Currency: EUR | Incoterm: CIF Hamburg
#    Items: 2,000 units Widget-X @ EUR 12.50 = EUR 25,000

# 2. Documents prepared:
#    - Commercial Invoice (required)
#    - Packing List (carton details, weights, dimensions)
#    - Certificate of Origin (for tariff preference)
#    - Shipper's Letter of Instruction
#    - Bill of Lading (from carrier)

# 3. Freight booking
#    Carrier: Maersk | Container: 20ft FCL
#    Origin: Los Angeles | Destination: Hamburg
#    Transit time: 18 days

# 4. Revenue recognized on shipment
#    FX rate locked at invoice date

Landed Cost Calculation

Cost Component	Amount	Allocation Method
Product FOB Cost	$31,250	By value
Ocean Freight	$2,800	By volume/weight
Marine Insurance	$180	By value
Import Duty	$0	By value
Customs Broker	$350	Equal per line
Port Charges	$450	By weight
Inland Trucking	$600	By volume
Total Landed	$35,630

Multi-Currency Management

Purchase in supplier currency (CNY, EUR, GBP, JPY)
Sell in customer currency or local currency
Automatic exchange rate updates from ECB or other providers
Unrealized FX gains/losses on open receivables/payables
Realized FX gains/losses on payment
Forward contract tracking for hedging (manual journal entries)

Letter of Credit Management

Track LC applications and approvals as project tasks
LC document checklist: ensure all required documents are compliant
Expiry date tracking with automated reminders
LC amendment requests documented and tracked
Bank charges allocated to transactions

Compliance & Documentation

HS code management on products for customs classification
Country of origin tracking per product/lot
Denied party screening before shipping (manual or integration)
Free trade agreement (FTA) certificate management
Anti-dumping duty tracking for specific products/origins
Record retention: all trade documents stored per legal requirements

DeployMonkey for Import/Export

Deploy Odoo for your trading company on DeployMonkey. The AI agent configures multi-currency accounting, landed cost calculations, international purchase and sales workflows, and document management for trade compliance. Manage your global trade operations from a single platform.