What kind of industry does the China - Russia entrepot trade belong to? Come and discuss it together!
Solved#Entrepot trade#
I've been quite interested in international trade recently, especially paying attention to the China - Russia entrepot trade. But I don't quite understand what kind of industry the China - Russia entrepot trade exactly is. Is it a pure trading industry, or is there a more detailed classification? What are the differences in industry attributes between it and general import and export trade? Are there any professionals who can explain it to me so that I can have a clearer understanding of this field.
Professional consultant answers
Amanda YangYears of service：3Customer Rating：5.0
Cost control consultantConsult
The China - Russia entrepot trade belongs to a relatively special sub - industry in the field of international trade. Simply put, after the goods are produced, they are not directly transported from the producing country to the consuming country, but are transshipped via a third country.
From the perspective of industry attributes, it has the dual characteristics of trade and logistics. On the one hand, like an ordinary trading industry, it involves trading links such as commodity trading, pricing, and contract signing, connecting the supply and demand of China and Russia. On the other hand, due to the need to transit through a third place, logistics planning, warehousing management, transportation arrangements and other logistics links are also crucial.
Compared with general import and export trade, general trade mostly involves direct transportation, while the China - Russia entrepot trade adds a third - place transit. The process is more complex, and more factors such as the policies of the third country and port conditions need to be considered. There are also unique features in trade risks and operation skills.
Andrew HuangYears of service：7Customer Rating：5.0
Supply chain optimization expertConsult
The China - Russia entrepot trade can be regarded as an industry that combines trade and logistics, because it not only has to handle the trading of goods, but also has to worry about how to smoothly deliver the goods through a third country.
Joseph ZhouYears of service：10Customer Rating：5.0
Senior foreign trade managerConsult
It is a subdivision of international trade, characterized by the intervention of a third country in transportation, which is quite different from the direct transportation of conventional import and export trade.
Jennifer WangYears of service：4Customer Rating：5.0
Market development consultantConsult
In terms of industry classification, it is similar to an intermediary trade, transferring goods through a third country to connect Chinese and Russian merchants.
Michelle ChenYears of service：3Customer Rating：5.0
Business coordination consultantConsult
It is a cross - field industry, involving both the signing of trade contracts and the planning of logistics routes, and both aspects need to be taken into account.
Emily LiuYears of service：10Customer Rating：5.0
Settlement and payment expertConsult
It belongs to the category of international trade, but due to its entrepot characteristics, it is different from general trade in aspects such as customs declaration and tax calculation.
David LiYears of service：6Customer Rating：5.0
Senior customs declaration consultantConsult
It can be regarded as a characteristic trading industry. Transiting goods through a third country makes the trade operation more complicated than general import and export trade.
Elizabeth LiYears of service：3Customer Rating：5.0
Compliance and risk managerConsult
It can be classified into the complex trading industry, because it not only involves trade exchanges, but also complex processes such as transportation through a third country.
Sarah ZhangYears of service：8Customer Rating：5.0
Document expertConsult
From the business perspective, it is an industry that combines trade and freight forwarding. It has to handle trade exchanges and also deal with the freight forwarding transportation links.
James LiuYears of service：10Customer Rating：5.0
Foreign trade tax refund consultantConsult
It is a branch of international trade, using the transit of a third country to meet the special trade needs of China and Russia.