To avoid the risk of dumping in entrepot trade, first of all, it is necessary to ensure that the situation of the source of goods and the market of the destination country is clear. Understand in detail the production and sales data of similar products in the destination country to avoid a large influx of products hitting the local market.
Secondly, plan the entrepot route reasonably. Select a suitable transit place. Zhongshitong suggests choosing an area with stable trade policies, a good trade environment and friendly relations with the destination country as much as possible to reduce the risks caused by factors of the transit place.
Furthermore, improve the handling of trade documents. Ensure that documents such as commercial invoices and bills of lading are true and accurate, and explain in detail the composition of the value of goods, transportation routes and other information to avoid being identified as dumping due to loopholes in documents.
Finally, actively participate in the activities of industry associations, keep abreast of industry developments and policy changes in a timely manner, and deal with possible dumping accusations in advance.
Professional consultant answers
David LiYears of service:6Customer Rating:5.0
Senior customs declaration consultantConsult
To avoid the risk of dumping in entrepot trade, first of all, it is necessary to ensure that the situation of the source of goods and the market of the destination country is clear. Understand in detail the production and sales data of similar products in the destination country to avoid a large influx of products hitting the local market.
Secondly, plan the entrepot route reasonably. Select a suitable transit place. Zhongshitong suggests choosing an area with stable trade policies, a good trade environment and friendly relations with the destination country as much as possible to reduce the risks caused by factors of the transit place.
Furthermore, improve the handling of trade documents. Ensure that documents such as commercial invoices and bills of lading are true and accurate, and explain in detail the composition of the value of goods, transportation routes and other information to avoid being identified as dumping due to loopholes in documents.
Finally, actively participate in the activities of industry associations, keep abreast of industry developments and policy changes in a timely manner, and deal with possible dumping accusations in advance.
Jennifer WangYears of service:4Customer Rating:5.0
Market development consultantConsult
You can pay attention to the anti-dumping early warning information of the destination country, obtain information in a timely manner through official websites or relevant institutions, adjust the entrepot trade strategy in advance, and avoid stepping into high-risk areas.
Joseph ZhouYears of service:10Customer Rating:5.0
Senior foreign trade managerConsult
Establish a long-term and stable cooperative relationship with suppliers, negotiate the product price and supply volume well, and prevent dumping doubts caused by large price fluctuations or sudden increases in supply.
Robert ChenYears of service:6Customer Rating:5.0
Customer service consultantConsult
Do a good job in pricing the goods. Refer to the prices of similar products in the destination country and avoid setting prices too low. At the same time, regularly analyze the data of entrepot trade and handle abnormalities in a timely manner.
Sarah ZhangYears of service:8Customer Rating:5.0
Document expertConsult
Clarify the responsibilities of both parties in the contract terms. If disputes arise due to the dumping issue, the responsibility can be defined according to the contract to reduce one's own losses.
Amanda YangYears of service:3Customer Rating:5.0
Cost control consultantConsult
Strengthen communication with importers in the destination country, understand the competitive situation of the local market and consumer demands, and jointly formulate appropriate marketing strategies to reduce the risk of dumping.
James LiuYears of service:10Customer Rating:5.0
Foreign trade tax refund consultantConsult
Consider setting up a sales subsidiary or office in the destination country, understand the local market rules in depth, operate in a localized way, and reduce the possibility of being identified as dumping.
William YangYears of service:5Customer Rating:5.0
International logistics consultantConsult
Actively cooperate with relevant investigations in the destination country. If you receive a notice of dumping investigation, provide accurate information in a timely manner, strive for a favorable ruling, and reduce losses.
Emily LiuYears of service:10Customer Rating:5.0
Settlement and payment expertConsult
Make differential improvements to the products involved in entrepot trade, increase the added value of products, avoid low-price competition through characteristic advantages, and effectively avoid the risk of dumping.