I'm quite interested in entrepot trade and want to know what entrepot trades there are in China. Some of my friends who do foreign trade often mention the term "entrepot trade", and it feels quite mysterious. Can anyone explain in detail what the common entrepot trades in China are? For example, what products are involved and what is the general trade route?
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.
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Professional consultant answers
Elizabeth LiYears of service：3Customer Rating：5.0
Compliance and risk managerConsult
There are many common entrepot trades in China. For example, in the entrepot trade of clothing, some European and American countries have set high tariffs or quota restrictions on Chinese clothing. Chinese enterprises will first export clothing to third countries such as Malaysia and Singapore. After simple processing or packaging locally, it is then exported to Europe and the United States in the name of the third country. This can avoid trade barriers.
There is also the entrepot trade of toys. Some countries have strict requirements for the environmental protection standards of Chinese toys. Enterprises will transship the toys to countries such as Thailand, change the packaging, re - label, etc., and then resell them to the target market.
In addition, there are also many entrepot trades of electronic products. For example, in some regions that set restrictions on Chinese electronic products, Chinese products are first transported to the Hong Kong region. After operations such as inspection and software upgrading, they are then re - exported to the destination.
David LiYears of service：6Customer Rating：5.0
Senior customs declaration consultantConsult
The entrepot trade of furniture is also relatively common. When Chinese furniture exports encounter anti - dumping and other situations, through entrepot trade, the furniture is first shipped to countries such as Vietnam, and then exported from Vietnam to European and American countries. This can reduce costs and improve competitiveness.
Andrew HuangYears of service：7Customer Rating：5.0
Supply chain optimization expertConsult
Plastic products are also often involved in entrepot trade. Since some countries have special requirements for Chinese plastic products, Chinese enterprises will choose to first transport the products to Indonesia. After compliant processing, they are then re - exported to those countries.
Amanda YangYears of service：3Customer Rating：5.0
Cost control consultantConsult
Lamp products sometimes also go through entrepot trade. When Chinese lamp export enterprises face trade restrictions in the target market, they will first transport the lamps to the Philippines, and after sorting, re - export them to break through trade barriers.
Jennifer WangYears of service：4Customer Rating：5.0
Market development consultantConsult
The entrepot trade of ceramic products also exists. Some countries impose high tariffs on Chinese ceramics. Enterprises will transship the ceramics to Cambodia, and then export them from Cambodia to relevant countries to reduce tariff costs.
Sarah ZhangYears of service：8Customer Rating：5.0
Document expertConsult
Mechanical parts are also not uncommon in entrepot trade. When encountering trade barriers, they will be first transshipped to South Korea and then re - exported to the target market.
William YangYears of service：5Customer Rating：5.0
International logistics consultantConsult
The entrepot trade of textiles is relatively common. To avoid trade restrictions, enterprises will first send textiles to Sri Lanka and then re - export them to regions such as Europe.
Robert ChenYears of service：6Customer Rating：5.0
Customer service consultantConsult
The entrepot trade of luggage also occurs from time to time. To deal with anti - dumping and other situations, Chinese luggage will be first transported to Myanmar and then exported to other countries.
Joseph ZhouYears of service：10Customer Rating：5.0
Senior foreign trade managerConsult
Shoe products will also undergo entrepot trade. When facing high tariffs, they will be first transported to Bangladesh and then re - exported to the target market.
Emily LiuYears of service：10Customer Rating：5.0
Settlement and payment expertConsult
Chemical products sometimes also go through entrepot trade. They are first transported to Thailand. After meeting local standards, they are re - exported to countries with more restrictions.