I've always heard about entrepot trade, but I don't know much about non - entrepot trade. I want to ask what non - entrepot trade is called. Is it just direct trade? I feel that the concepts of the two are a bit blurred. Can someone explain it in detail? In actual trade business, how do we distinguish between non - entrepot trade and entrepot trade? I hope to get a professional answer. Thank you!
I want to understand the meaning of entrepot trade in a bonded warehouse, its differences from ordinary entrepot trade, and the key points of actual operation. The best answer states that it refers to goods entering a bonded warehouse, without going through domestic customs clearance, and being transshipped to other countries after being processed in the warehouse. Compared with ordinary entrepot trade, its advantage is that the goods are in a bonded state, and tax payment is postponed. When operating, attention should be paid to ensuring that the goods comply with storage regulations, the processing is compliant, and the logistics is precise, etc.
It is said that someone has just started the entrepot trade business and doesn't know how to receive payments in China, worrying about affecting the capital flow and trade process. The best answer points out that common payment methods include opening a foreign currency account through a domestic bank, which is simple and safe to operate, but the review standards of each bank are different; an offshore account can also be used, which has strong flexibility, but attention should be paid to its maintenance; third - party payment platforms can also be used, but the handling fees may be high, and compliance should be noted in all cases, and trade documents should be retained.
I'm interested in international trade and curious about the reasons for the outstanding entrepot trade in Singapore. I wonder if it is due to geographical location, policy support, the financial system, or other factors. The best answer points out that Singapore's excellent entrepot trade benefits from its superior geographical location, being at an important transportation hub; having advanced ports and a logistics system; implementing trade - friendly policies; having a sound financial system; and having political stability and a complete legal system. These factors jointly promote the development of its entrepot trade.
I'm interested in entrepot trade and want to know which industries it corresponds to. The best answer indicates that entrepot trade involves the manufacturing industry, such as the entrepot of Southeast Asian clothing and electronic products through Hong Kong; the resource industry, such as the entrepot of Middle Eastern oil through Singapore; the agricultural products industry, which entrepots agricultural products through trade - convenient locations; the luxury goods industry, which entrepots for tax planning. In addition, many industries such as chemicals and furniture are also often involved in entrepot trade.
I'm interested in entrepot trade and want to know about its types. The main types of entrepot trade include re - export trade, where foreign goods are imported and then re - exported without substantial processing; documentary processing trade, where goods are shipped directly but the entrepot trader profits by handling documents; processing entrepot trade, where goods are processed in the entrepot country and then exported. In addition, there are various types of entrepot trade such as offshore and bonded - zone entrepot trade.
The company plans to engage in entrepot trade but has doubts about foreign exchange receipts and payments, inquiring about practical procedures, precautions, and relevant policy regulations. The best answer states that foreign exchange receipts involve overseas clients transferring funds to the company's foreign exchange account, while payments require submitting documents like contracts for bank review before remittance. Key operational considerations include ensuring complete documentation, matching fund flows with goods flows, and complying with foreign exchange policies and regulations.
Full escort of the import route, easy access to the global supply chain
Export agent experts, help you easily expand the international market
Avoid tariff barriers, full process transit plan customization
Export tax refund full agency, compliant and efficient fast arrival
International settlement solutions, ensure the safe arrival of funds
A key foreign trade import and export enterprise, with more than 20 years of import and export agency experience, providing one-stop service throughout the entire process!
Professional consultant answers
David LiYears of service：6Customer Rating：5.0
Senior customs declaration consultantConsult
Non - entrepot trade usually refers to a trade method in which the country of origin directly sells goods to the consuming country without transiting through a third country, and it is often referred to as direct trade.
The difference from entrepot trade is that in entrepot trade, the country of origin first transports the goods to a third country. After operations such as storage, processing, and packaging in the third country, the goods are then sold to the consuming country, and the ownership of the goods is transferred in the third country. In non - entrepot trade, the goods are directly transported from the country of production to the consuming country without a third country's involvement in the goods transaction process.
For example, if a Chinese factory directly sells toys to an American merchant and the goods are directly transported from China to the United States, this is non - entrepot trade. If a Chinese factory first transports the toys to Singapore and then Singapore resells them to an American merchant, this is entrepot trade. In actual business, by checking the goods transportation route, trade contracts, and the transfer of goods ownership, we can distinguish between the two.
William YangYears of service：5Customer Rating：5.0
International logistics consultantConsult
Besides being called direct trade, non - entrepot trade is sometimes also called general trade. General trade means purchasing raw materials domestically, processing and producing them and then exporting, or directly importing and selling without reselling through a third place. For example, common domestic enterprises directly importing equipment from abroad belong to this category.
Emily LiuYears of service：10Customer Rating：5.0
Settlement and payment expertConsult
Conceptually, non - entrepot trade is a trade form that does not transit through a third party, so it is more appropriate to call it direct trade. In actual business, if the goods transportation does not stop and be processed in a third country, it can basically be judged as non - entrepot trade.
Sarah ZhangYears of service：8Customer Rating：5.0
Document expertConsult
Actually, non - entrepot trade is called direct trade, emphasizing the direct transaction between the country of production and the consuming country. For example, for some agricultural products, like Brazilian coffee beans being directly sold to Chinese merchants without the involvement of other countries in reselling, this is non - entrepot trade.
Robert ChenYears of service：6Customer Rating：5.0
Customer service consultantConsult
Non - entrepot trade is called direct trade. For example, a Chinese textile factory directly sells products to a European retailer, and the goods are directly transported there. This is a typical non - entrepot trade without the participation of a third country in the trade process.
Joseph ZhouYears of service：10Customer Rating：5.0
Senior foreign trade managerConsult
Most of the time, non - entrepot trade is called direct trade. For example, a Chinese enterprise directly imports auto parts from Japan without an intermediate reselling country. Judging from the transportation route and the transaction process, this is non - entrepot trade.
Michelle ChenYears of service：3Customer Rating：5.0
Business coordination consultantConsult
Non - entrepot trade is usually referred to as direct trade. In daily trade activities, when goods are directly delivered from the manufacturing country to the purchasing country without involving reselling in a third place, it belongs to non - entrepot trade.
Amanda YangYears of service：3Customer Rating：5.0
Cost control consultantConsult
Non - entrepot trade is also direct trade. For example, an Australian milk powder factory directly sells milk powder to a Chinese distributor, and the goods are directly transported from Australia to China without being resold through other countries. This is non - entrepot trade.
Andrew HuangYears of service：7Customer Rating：5.0
Supply chain optimization expertConsult
Non - entrepot trade is generally called direct trade. For example, a German machinery manufacturer directly sells equipment to a Chinese factory without the involvement of a third country. The transportation and transaction are carried out directly, which is non - entrepot trade.