Does entrepot trade count as import/export statistics? Let's find out!
Solved#Entrepot trade#
I'm in the foreign trade business and recently encountered entrepot trade. I've been unclear about whether entrepot trade counts as import/export statistics. For instance, when goods are transshipped from Country A through China to Country B, are these goods included in China's import/export statistics? If so, how exactly are they calculated? I hope someone knowledgeable can explain this to me. Thank you.
Professional consultant answers
Sarah ZhangYears of service：8Customer Rating：5.0
Document expertConsult
Entrepot trade has special definitions in import/export statistics. From China's perspective, when goods are transshipped from Country A through China to Country B, they are included in China's import/export statistics. Specifically, when goods enter China's customs territory (even without substantial processing, just temporary storage before transshipment to Country B), it's counted as import; when they leave China for Country B, it's counted as export.
Statistically, entrepot trade import/export data reflects China's position and role in international logistics and trade flows. However, it's important to note that unlike general trade statistics, entrepot trade emphasizes goods' transit routes rather than direct trade relationships between final consumption and production locations. This is significant for analyzing China's trade structure and logistics hub status.
James LiuYears of service：10Customer Rating：5.0
Foreign trade tax refund consultantConsult
Yes, entrepot trade involves both imports and exports, which are reflected in statistics and affect trade data.
Elizabeth LiYears of service：3Customer Rating：5.0
Compliance and risk managerConsult
It counts as import/export statistics. For example, when companies like Zhongshitong handle entrepot trade, it's included in relevant statistics, making trade data more comprehensive.
William YangYears of service：5Customer Rating：5.0
International logistics consultantConsult
Entrepot trade definitely counts as import/export statistics. When goods transit through China, they're reflected in the import/export data.
Andrew HuangYears of service：7Customer Rating：5.0
Supply chain optimization expertConsult
Yes, in practice, goods entering and then leaving China are counted in import/export statistics.
David LiYears of service：6Customer Rating：5.0
Senior customs declaration consultantConsult
Entrepot trade counts as import/export statistics, reflecting China's role in international trade logistics chains.
Amanda YangYears of service：3Customer Rating：5.0
Cost control consultantConsult
In Zhongshitong's entrepot trade operations, such data is always included in import/export statistics, facilitating trade analysis.
Emily LiuYears of service：10Customer Rating：5.0
Settlement and payment expertConsult
It counts as import/export statistics. Entrepot trade enriches import/export data content and is valuable for trade analysis.
Robert ChenYears of service：6Customer Rating：5.0
Customer service consultantConsult
Entrepot trade represents special import/export cases that are included in import/export statistics.