Does entrepot trade belong to import value? Let's discuss together!
Solved#Entrepot trade#
I've always been unclear about the relationship between entrepot trade and import value. Could anyone clarify whether entrepot trade belongs to import value? I'm working with trade data statistics and recently encountered this confusing aspect. For instance, when goods transit through a country, how should this trading activity be accounted for in import value statistics? I'd appreciate insights from knowledgeable friends. Thank you.
Professional consultant answers
Michelle ChenYears of service：3Customer Rating：5.0
Business coordination consultantConsult
Entrepot trade doesn't belong to import value. Import value refers to the total value of goods a country purchases from abroad during a specific period. Entrepot trade refers to international trade where goods are bought and sold not directly between producing and consuming countries, but through a third country.
In entrepot trade, while goods physically enter the transit country, their purpose isn't for domestic consumption but for re-export. Therefore statistically, the transit country won't count this as its import value but records it separately as entrepot trade value. For example, when Country A produces goods, Country B (as transit country) resells them to Country C. Country B won't count its purchase from Country A as import value but separately tracks entrepot trade data. This distinction helps accurately reflect each country's trade balance and structure.
James LiuYears of service：10Customer Rating：5.0
Foreign trade tax refund consultantConsult
Entrepot trade doesn't count as import value. Imports are generally for domestic consumption or use, while entrepot trade goods only temporarily stay in the transit country before moving to other countries. The transit country doesn't truly "import" them for its own needs, so they can't be considered import value.
Amanda YangYears of service：3Customer Rating：5.0
Cost control consultantConsult
Entrepot trade doesn't fall under import value. Simply put, imports satisfy domestic demand by purchasing goods, while entrepot trade involves goods transiting for resale. They differ in nature and statistical treatment and shouldn't be confused.
Jennifer WangYears of service：4Customer Rating：5.0
Market development consultantConsult
It definitely doesn't belong to import value. Entrepot trade goods aren't substantially consumed in the transit country but merely pass through for resale. Import value concerns goods actually consumed or used domestically - the difference is clear.
Andrew HuangYears of service：7Customer Rating：5.0
Supply chain optimization expertConsult
Entrepot trade and import value are different concepts. Import value statistics cover domestic import consumption, while entrepot trade goods are re-exported after transiting - the transit country won't treat them as import value but only records entrepot data.
Sarah ZhangYears of service：8Customer Rating：5.0
Document expertConsult
Entrepot trade shouldn't be included in import value. Because import value emphasizes domestic demand-driven purchases, while entrepot trade goods aren't for domestic use, so they don't count as import value.
Elizabeth LiYears of service：3Customer Rating：5.0
Compliance and risk managerConsult
From a trade statistics perspective, entrepot trade doesn't belong to import value. Entrepot trade goods only temporarily stay in the transit country before re-export, while import value statistics concern imports for domestic consumption.
Emily LiuYears of service：10Customer Rating：5.0
Settlement and payment expertConsult
Entrepot trade can't be considered import value. Import value represents actual imports for domestic consumption, while entrepot trade goods merely pass through the transit country without being used domestically, so they don't count as import value.
William YangYears of service：5Customer Rating：5.0
International logistics consultantConsult
Entrepot trade isn't import value. Imports satisfy domestic demand, while entrepot trade involves goods transiting for resale. They should be distinguished in statistics, with entrepot trade having its own separate tracking.
Joseph ZhouYears of service：10Customer Rating：5.0
Senior foreign trade managerConsult
Entrepot trade doesn't belong to import value. Entrepot means goods transiting for resale, while imports are for domestic consumption - they're fundamentally different, and import value statistics exclude entrepot trade.