First, the import and export products are different.
Commodity import and export belongs to tangible trade, and commodities need to obtain relevant certificates through the customs before they can go to the bank to receive or pay foreign exchange; The import and export of services belong to intangible trade, including commercial services, communication services, construction and related engineering services, sales services, education services, environmental services, financial services, health and social services, tourism-related services, entertainment, cultural and sports services, and transportation services.
Second, the accrual methods are different.
The form of commodity trade is the exchange of tangible goods.
Trade in services can be provided in the following ways:
1. Cross-border delivery: refers to the way that service providers provide services to consumers in the territory of another member, such as providing services to foreign consumers abroad through telecommunications, postal services and computer networks in China;
2. consumption abroad refers to the way in which a service provider provides services to consumers of another member within the territory of another member. For example, China citizens enjoy medical services abroad during their short stay in other countries;
3. Commercial presence: refers to the way in which a service provider of one member sets up a commercial organization in the territory of another member to provide services to consumers in the latter, such as a foreign service enterprise setting up a company in China to provide services to enterprises or individuals in China;
4. Movement of natural persons: refers to the way in which a service provider of one member enters the territory of another member as a natural person to provide services. For example, a foreign lawyer, as a representative of a foreign law firm in China, went to China to provide services for consumers.
Third, the coordination rules are different. The adjustment rule of commodity import and export is the General Agreement on Tariffs and Trade; The adjustment rule of service import and export is the General Agreement on Trade in Services.
References:
Baidu encyclopedia-service trade
Baidu encyclopedia-general import and export goods