I've been researching trade data recently and have some questions about entrepot trade. Does entrepot trade count as import/export value? I know entrepot trade refers to when goods aren't directly traded between producing and consuming countries but through a third country. But how exactly is it calculated in import/export statistics? I'd appreciate if professionals could help clarify this. Thank you!
Our company plans to engage in entrepot trade but has doubts about tax collection during payment process, such as whether taxes are based on goods value proportion or other methods, and policy differences across regions. The best answer indicates that entrepot trade generally doesn't incur tariffs but may involve VAT, calculated as added value multiplied by applicable tax rate, with varying regional policies. It's advised to consult local tax authorities and keep transaction records before operation.
In Wuxi, if you have import and export business and want to find an agency, you may ask how much the import and export agency in Wuxi costs. The best answer is that there is no fixed standard for charging, which is affected by factors such as the type of goods, quantity, value, and service content. For general goods document processing, it costs 2000 - 5000 yuan per order, and for one-stop services, it is comprehensively calculated. The specific cost needs to be discussed with the agency company regarding business details.
In Jiangyin, if you have import and export business and want to find an agency company, you may ask how much the Jiangyin import and export agency charges and want to know the charging standards, scope, and methods. The best answer indicates that there is no fixed standard for the import and export agency fees in Jiangyin. Commonly, they are charged by order or as a percentage of the cargo value. The fee per order ranges from 1000 to 8000 yuan, and the percentage of the cargo value is 0.5% - 2%. There are also miscellaneous fees such as document fees and customs declaration fees. When looking for an agency, it is necessary to communicate the business details to clarify the fees.
I want to know the cost of Thailand's entrepot trade. I'm asking whether it is calculated according to the proportion of the value of the goods or there is a fixed charging standard, and I hope to know the composition of each cost. The best answer says that its cost composition is complex. The handling charges are charged according to the type, weight, etc. of the goods. For bulk cargo, it is about 50 - 150 Thai baht per ton. For containers, it is charged according to the container type. The storage charge is 10 - 30 Thai baht per cubic meter per day. The document handling charge is 1000 - 3000 Thai baht per shipment, etc. Overall, it needs to be calculated in combination with the specific situation of the goods.
The company is located in Siming and has import and export business needs. It wants to know about the charging situation of Siming import and export agency, such as whether the charging method is based on the number of transactions, the value of goods, etc., and whether it is affected by the type of goods and the mode of trade. The best answer states that there are various charging methods, including charging by the proportion of the value of goods (about 1% - 5%), charging per ticket (ranging from 800 - 3000 yuan), and charging for special services. The type of goods and the mode of trade will affect the charging, and specific details need to be discussed in detail with the agency.
The company intends to carry out entrepot trade business and wants to know what kind of tax category entrepot trade belongs to. Is it necessary to pay value - added tax, customs duties, etc. like general trade, or are there special tax categories? The best answer is that entrepot trade generally does not involve value - added tax and customs duties, but may involve stamp duty because relevant contracts will be signed. At the same time, the profits obtained from entrepot trade need to be subject to corporate income tax as required.
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Professional consultant answers
Emily LiuYears of service：10Customer Rating：5.0
Settlement and payment expertConsult
Entrepot trade is included when calculating import/export value. By definition, although entrepot trade involves three countries, when goods enter the entrepot country from the producing country, this counts as imports for the entrepot country and is recorded as import value. When goods are shipped from the entrepot country to the consuming country, this counts as exports for the entrepot country and is included in export value.
For example, Country A produces goods, Country B serves as the entrepot country, and Country C is the consuming country. When goods enter Country B from Country A, Country B's import value increases; when goods go from Country B to Country C, Country B's export value increases.
Therefore, the flow of goods in entrepot trade affects the entrepot country's import/export statistics. When analyzing a country or region's trade volume and structure, entrepot trade data is an important component.
James LiuYears of service：10Customer Rating：5.0
Foreign trade tax refund consultantConsult
Entrepot trade counts as import/export value because the goods actually cross borders during the process. From the entrepot country's perspective, both the incoming and outgoing flows are reflected in trade statistics.
Elizabeth LiYears of service：3Customer Rating：5.0
Compliance and risk managerConsult
Of course it counts! Entrepot trade is like a transit hub - goods coming in count as imports, going out count as exports, and both are recorded in import/export value.
Michelle ChenYears of service：3Customer Rating：5.0
Business coordination consultantConsult
Entrepot trade definitely counts as import/export value, otherwise the trade volume from entrepot trade wouldn't be accounted for. So it contributes to import/export value.
David LiYears of service：6Customer Rating：5.0
Senior customs declaration consultantConsult
Yes, according to international trade statistics rules, entrepot trade is explicitly included in the entrepot country's import/export value.
Sarah ZhangYears of service：8Customer Rating：5.0
Document expertConsult
Entrepot trade counts as import/export value. This is standard practice in trade statistics and important for measuring the entrepot country's trade volume.
Amanda YangYears of service：3Customer Rating：5.0
Cost control consultantConsult
It should be counted as import/export value. This is the internationally accepted method for trade data statistics, reflecting the economic activity of entrepot trade.
Joseph ZhouYears of service：10Customer Rating：5.0
Senior foreign trade managerConsult
Entrepot trade is included in import/export value. From the perspective of goods flow, it represents both imports and exports for the entrepot country and should be counted.
Andrew HuangYears of service：7Customer Rating：5.0
Supply chain optimization expertConsult
Yes, when entrepot trade occurs, goods entering and leaving the entrepot country correspond to imports and exports respectively, both counting toward the value.
William YangYears of service：5Customer Rating：5.0
International logistics consultantConsult
When calculating import/export value, entrepot trade should be included as it's part of international trade and needs normal statistical recording.