The common ways of importing in entrepot trade are mainly as follows:
First, direct entrepot. The goods are shipped directly from the producing country to the consuming country, but during the transportation, the ownership of the goods is transferred through the transaction of the entrepot trader in the entrepot place. For example, Country A produces products, Country C has the demand, and the entrepot trader in Country B facilitates the transaction. The goods are shipped directly from Country A to Country C, but the transaction is completed under the operation of the entrepot trader in Country B.
Second, indirect entrepot. The goods are first shipped to the entrepot country. After being stored, processed, packaged, etc., they are then shipped to the consuming country. For example, some products need to be repackaged or simply processed to meet the standards of the importing country, and these operations will be carried out in the entrepot country before being exported.
Third, transit entrepot. The goods pass through the entrepot country during the transportation process, but no substantial processing is carried out in the entrepot country. They are only transshipped to the consuming country after a short stay in the entrepot country.
Professional consultant answers
James LiuYears of service:10Customer Rating:5.0
Foreign trade tax refund consultantConsult
The common ways of importing in entrepot trade are mainly as follows:
First, direct entrepot. The goods are shipped directly from the producing country to the consuming country, but during the transportation, the ownership of the goods is transferred through the transaction of the entrepot trader in the entrepot place. For example, Country A produces products, Country C has the demand, and the entrepot trader in Country B facilitates the transaction. The goods are shipped directly from Country A to Country C, but the transaction is completed under the operation of the entrepot trader in Country B.
Second, indirect entrepot. The goods are first shipped to the entrepot country. After being stored, processed, packaged, etc., they are then shipped to the consuming country. For example, some products need to be repackaged or simply processed to meet the standards of the importing country, and these operations will be carried out in the entrepot country before being exported.
Third, transit entrepot. The goods pass through the entrepot country during the transportation process, but no substantial processing is carried out in the entrepot country. They are only transshipped to the consuming country after a short stay in the entrepot country.
David LiYears of service:6Customer Rating:5.0
Senior customs declaration consultantConsult
There is also imported entrepot processing trade in the ways of importing in entrepot trade. That is, after the goods are shipped to the entrepot country, they are deeply processed to change the original state, nature, etc. of the goods, and then exported to the consuming country. For example, some electronic product components are shipped to the entrepot country to be assembled into finished products and then exported.
William YangYears of service:5Customer Rating:5.0
International logistics consultantConsult
Import through the bonded area in entrepot trade is also quite common. The goods first enter the bonded area of the entrepot country. They are stored, displayed, etc. in the bonded area, and then transshipped to different consuming countries according to market demand. This way, the destination of the goods can be arranged flexibly.
Robert ChenYears of service:6Customer Rating:5.0
Customer service consultantConsult
Besides, there is also imported entrepot consignment. The entrepot trader first stores the goods in the warehouse of the entrepot country. After receiving the orders from the consuming country, the goods are shipped from the warehouse to the consuming country. This can reduce the inventory risk.
Sarah ZhangYears of service:8Customer Rating:5.0
Document expertConsult
In the ways of importing in entrepot trade, imported agency entrepot cannot be ignored. The entrepot trader accepts the entrustment and handles the relevant matters of goods import in the name of the principal, and charges an agency fee from it.
Jennifer WangYears of service:4Customer Rating:5.0
Market development consultantConsult
Import through entrepot auction is also a way. After the goods are shipped to the entrepot country, they are sold to the buyers in the consuming country through auction. This way can quickly realize the transfer of goods ownership.
Michelle ChenYears of service:3Customer Rating:5.0
Business coordination consultantConsult
Import through entrepot barter trade, that is, the entrepot trader and the consuming country complete the import through the way of goods exchange, without involving currency transactions. It will be adopted in some specific situations.
Emily LiuYears of service:10Customer Rating:5.0
Settlement and payment expertConsult
Import through entrepot leasing. The entrepot trader leases the goods to the consuming country for use. At the end of the lease term, options such as renewal and purchase can be chosen. It is suitable for the import of large equipment, etc.
Elizabeth LiYears of service:3Customer Rating:5.0
Compliance and risk managerConsult
There is also imported entrepot consignment and sales on a commission basis. The entrepot trader stores the goods at the consignment agent's place. After the consignment agent sells the goods according to the agreement, it settles with the entrepot trader. This can relieve the sales pressure of the entrepot trader.