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Does entrepot trade count towards import and export figures? Come and get the answers!

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I work for a trading company and recently encountered a problem regarding the statistics of entrepot trade. Our company purchases goods from Country A, transports them to Country B, and then resells them to Country C. During this process, I'm quite puzzled. Does this situation of entrepot trade count as an export figure? Does it have an impact on our company's export performance statistics? I hope someone who knows the ropes can explain it to me so that I can understand the specific regulations and actual operation in this regard.

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Professional consultant answers

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

Cost control consultantConsult

Entrepot trade does not count as an export figure in the conventional sense. Export usually refers to the sale of goods produced or processed domestically to foreign markets. Entrepot trade, on the other hand, refers to the business of importing and exporting goods in international trade, which is not carried out directly between the producing country and the consuming country, but through a third country.

For example, if your company purchases goods from Country A and directly transships and sells them to Country C without domestic processing, from the perspectives of production and value addition, these goods are not produced domestically, so they are generally not included in the domestic export statistics. However, under some special trade statistical systems, there may be different considerations. For instance, from the perspectives of trade services and logistics, some regions may include the value of goods involved in entrepot trade in the total trade volume, but it does not belong to the traditional export category.

Regarding the company's export performance statistics, if it is evaluated according to traditional export performance, entrepot trade does not count; if the company focuses on the total trade volume, the value of goods in entrepot trade will be included.

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

Foreign trade tax refund consultantConsult

Entrepot trade does not count as an export figure because the goods are not of domestic origin, which does not meet the requirements for the origin of goods in export statistics, so they will not be included in the export data.

Jennifer Wang
Jennifer WangYears of service:4Customer Rating:5.0

Market development consultantConsult

Entrepot trade is mainly about the transfer of goods and has little to do with domestic production. Export emphasizes the output of domestic products. Conceptually, entrepot trade cannot be counted as an export figure.

David Li
David LiYears of service:6Customer Rating:5.0

Senior customs declaration consultantConsult

Under the general statistical caliber, entrepot trade does not count as an export figure. However, if the company internally does its own performance statistics and wants to include the revenue from entrepot trade, it can set its own rules.

Joseph Zhou
Joseph ZhouYears of service:10Customer Rating:5.0

Senior foreign trade managerConsult

No, export statistics are usually based on the sale of products manufactured domestically abroad. The goods in entrepot trade are not produced domestically and cannot be counted as export figures.

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

International logistics consultantConsult

Entrepot trade does not count as an export figure. After all, for an export, there should be a domestic production and value-added link. Entrepot trade is just a resale transaction and does not involve domestic production.

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

Customer service consultantConsult

In formal trade statistics, entrepot trade does not count as an export figure. Export figures count the quantity of goods produced and exported domestically.

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

Document expertConsult

Entrepot trade does not count as a traditional export figure. Export emphasizes the sale of domestically produced products abroad. The source of goods in entrepot trade is not domestic, which does not meet the definition of export.

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

Settlement and payment expertConsult

From the general trade statistical rules, entrepot trade does not count as an export figure because export statistics focus on the output of domestically produced products.

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

Supply chain optimization expertConsult

Entrepot trade does not count as an export figure. Export is the entry of domestically produced products into the international market. The goods in entrepot trade are not produced domestically and should not be counted.

The relevant questions or replies only represent the user’s personal stance and do not represent any views of this website.

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