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How to conduct transshipment trade for re-export? Are there any detailed steps?

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Our company plans to carry out the re-export business of transshipment trade, but we have no relevant experience before and don't know exactly what to do. I'd like to ask, what should be noted from the preliminary preparation to the actual operational process? Are there any relatively detailed steps for reference? How should we properly arrange things like goods transportation, document handling, and capital flow to successfully complete the re-export of transshipment trade?

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Professional consultant answers

William Yang
William YangYears of service:5Customer Rating:5.0

International logistics consultantConsult

For the re-export of transshipment trade, first of all, market research should be done well to clarify the target market and product requirements, and select appropriate transshipment places and suppliers.

In terms of goods transportation, the goods are first transported to the transshipment place, such as free trade ports like Hong Kong. Reliable freight forwarder companies can be selected to be responsible for transportation, warehousing and other matters.

For document handling, documents such as commercial invoices, bills of lading, and packing lists need to be prepared. The invoice should reflect the flow information of the goods from the country of origin to the transshipment place and then to the destination country. The bill of lading should meet the transshipment requirements and can be assisted by the freight forwarder to handle.

In terms of capital flow, generally, three-party payments will be involved. Attention should be paid to capital safety and exchange rate risks. Payment can be guaranteed through means such as bank letters of credit. During the operation process, the customs laws and regulations of various countries also need to be complied with, and the special policies of the transshipment place should be understood to ensure the legal and compliant development of the business.

Andrew Huang
Andrew HuangYears of service:7Customer Rating:5.0

Supply chain optimization expertConsult

Finding a reliable freight forwarder is crucial. They are familiar with the process and can help you handle troublesome matters such as transportation and documents. In addition, details should be communicated well in advance with both suppliers and customers, such as delivery time and document requirements, to avoid subsequent disputes.

Robert Chen
Robert ChenYears of service:6Customer Rating:5.0

Customer service consultantConsult

Capital flow should be handled with caution. Besides letters of credit, collection methods can also be considered. At the same time, pay attention to the storage conditions of the goods in the transshipment place to prevent the goods from being damaged.

Joseph Zhou
Joseph ZhouYears of service:10Customer Rating:5.0

Senior foreign trade managerConsult

Understanding the trade barriers of the destination country is also very important. If direct export is restricted, transshipment trade may be able to avoid some restrictions, but it is necessary to confirm whether the policies of the transshipment place support it.

Elizabeth Li
Elizabeth LiYears of service:3Customer Rating:5.0

Compliance and risk managerConsult

Remember to do a good job of supervision in the loading, unloading, warehousing and other links of the goods in the transshipment place to ensure that the quantity and quality of the goods are okay, and the transshipment time should not be too long, otherwise the cost will increase.

Jennifer Wang
Jennifer WangYears of service:4Customer Rating:5.0

Market development consultantConsult

Documents must not be mistaken. For example, once the information on the bill of lading is incorrect, it may cause the goods to fail to clear customs smoothly. Check the documents several times before submission to ensure accuracy.

Emily Liu
Emily LiuYears of service:10Customer Rating:5.0

Settlement and payment expertConsult

Transshipment trade involves multiple parties, and communication should be timely and effective. Establish a communication mechanism so that all parties can quickly connect and solve problems when they have them, improving efficiency.

Sarah Zhang
Sarah ZhangYears of service:8Customer Rating:5.0

Document expertConsult

Exchange rate fluctuations have a great impact on capital. If possible, some exchange rate hedging measures can be taken to lock in costs and profits.

Amanda Yang
Amanda YangYears of service:3Customer Rating:5.0

Cost control consultantConsult

Plan the goods transportation route well. Try to select transshipment places that are close in distance and convenient for customs clearance to save transportation time and cost.

David Li
David LiYears of service:6Customer Rating:5.0

Senior customs declaration consultantConsult

Don't forget to pay attention to the changes in the policies of various countries, especially trade policies. Once there are changes, they may affect the operation of transshipment trade. Prepare in advance to deal with them.

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