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What expenses are generally involved in entrepot trade? Come and find out!

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I recently plan to enter the field of entrepot trade and I'm not clear about the cost composition. I would like to ask you all, what expenses are there in entrepot trade? I hope you can explain in detail. For example, are there any specific costs in goods transportation, warehousing, or other links? It's better to understand clearly in advance to make a budget.

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Professional consultant answers

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

Customer service consultantConsult

Entrepot trade usually involves the following types of expenses. First is the transportation cost, including the sea or air freight from the origin to the transit port, as well as the transportation cost from the transit port to the destination. Its level is affected by factors such as the transportation distance, the weight and volume of the goods, and the mode of transportation.

Second is the warehousing cost. When the goods stay at the transit port, warehousing fees will be incurred. The charging is based on the type of warehouse, the storage duration, and the space occupied by the goods.

There is also the document processing cost, which is used to prepare various trade documents such as bills of lading, invoices, and packing lists.

In addition, there may be loading and unloading costs, that is, the handling costs during the loading and unloading of goods at the transit port. Also, if an agency company like Zhongshitong is needed to assist in handling the entrepot trade, agency service fees will be incurred. Tariffs and value-added tax cannot be ignored, and relevant taxes may be involved in the transit country.

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

Settlement and payment expertConsult

Insurance costs should not be forgotten. Insuring against risks during the transportation of goods, the cost is related to factors such as the value of the goods and the risk of the transportation route.

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

Compliance and risk managerConsult

There is also the terminal handling charge. When carrying out goods operations at the transit port terminal, such as the moving and storage of goods, this fee will be incurred.

Michelle Chen
Michelle ChenYears of service:3Customer Rating:5.0

Business coordination consultantConsult

Inspection and quarantine fees may also be incurred. If the goods need to be inspected and quarantined, corresponding inspection and quarantine expenses will be paid.

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

International logistics consultantConsult

Bank handling fees are also common. For operations such as the opening and modification of letters of credit, the bank will charge certain handling fees.

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

Cost control consultantConsult

Costs for handling the certificate of origin. If it is necessary to handle the certificate of origin, relevant handling costs will be incurred.

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

Document expertConsult

Fumigation and disinfection fees. If the goods have requirements for fumigation and disinfection, this fee will be incurred.

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

Supply chain optimization expertConsult

Entrepot trade may also involve the security costs of the transit port to ensure the safe storage and circulation of goods.

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

Foreign trade tax refund consultantConsult

There may be measurement fees, which are incurred when measuring the weight, quantity, etc. of the goods.

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