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How to effectively avoid the risk of dumping in entrepot trade? Come and offer your suggestions!

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Our company is involved in the entrepot trade business. Recently, we heard that the dumping issue may bring serious consequences. We would like to know how to avoid the risk of dumping during the entrepot trade process. We hope that everyone can share some practical methods and experiences. For example, are there any particular points that need special attention in terms of operation procedures, document handling, etc.? Thank you very much!

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Professional consultant answers

David Li
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 Wang
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 Zhou
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 Chen
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 Zhang
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 Yang
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 Liu
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 Yang
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 Liu
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.

The relevant questions or replies only represent the user’s personal stance and do not represent any views of this website.

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