Entrepot trade does count as trade volume. Entrepot trade refers to the situation where instead of directly buying and selling goods between the country of production and the country of consumption of the goods, the goods are bought and sold through a third country. In trade statistics, the import and export volumes of entrepot trade will be included in the trade volume.
For the exporting country, the value of the goods exported to the entrepot country will be counted into the country's export trade volume; for the entrepot country, when it imports from the country of production and then resells to the country of consumption, the values of the goods imported and exported respectively will be counted into the import and export trade volumes of the entrepot country.
For example, Country A produces goods, Country B, as an entrepot country, imports from Country A and then resells to Country C. The export volume of Country A to Country B, the import volume of Country B from Country A, and the export volume of Country B to Country C are all within the scope of trade volume statistics. This can comprehensively reflect the degree of participation and contribution of each country in international trade.
Professional consultant answers
Jennifer WangYears of service:4Customer Rating:5.0
Market development consultantConsult
Entrepot trade does count as trade volume. Entrepot trade refers to the situation where instead of directly buying and selling goods between the country of production and the country of consumption of the goods, the goods are bought and sold through a third country. In trade statistics, the import and export volumes of entrepot trade will be included in the trade volume.
For the exporting country, the value of the goods exported to the entrepot country will be counted into the country's export trade volume; for the entrepot country, when it imports from the country of production and then resells to the country of consumption, the values of the goods imported and exported respectively will be counted into the import and export trade volumes of the entrepot country.
For example, Country A produces goods, Country B, as an entrepot country, imports from Country A and then resells to Country C. The export volume of Country A to Country B, the import volume of Country B from Country A, and the export volume of Country B to Country C are all within the scope of trade volume statistics. This can comprehensively reflect the degree of participation and contribution of each country in international trade.
Sarah ZhangYears of service:8Customer Rating:5.0
Document expertConsult
Yes, it does. Entrepot trade is essentially the circulation of goods among different countries, involving the buying and selling of goods, so it definitely counts as trade volume. It enriches the forms and channels of trade.
William YangYears of service:5Customer Rating:5.0
International logistics consultantConsult
Entrepot trade counts as trade volume. From the perspective of the integrity of trade data, if it is not counted, the trade data of relevant countries will be inaccurate and unable to truly reflect the scale of trade activities.
Michelle ChenYears of service:3Customer Rating:5.0
Business coordination consultantConsult
Of course it does. In entrepot trade, the ownership of the goods is transferred, and there is an actual transaction. According to international practice, the amount of this transaction should be included in the trade volume statistics.
James LiuYears of service:10Customer Rating:5.0
Foreign trade tax refund consultantConsult
It counts as trade volume. Entrepot trade promotes international trade exchanges, and including it in the trade volume allows each country to understand its position and role in the global trade chain.
Andrew HuangYears of service:7Customer Rating:5.0
Supply chain optimization expertConsult
Entrepot trade counts as trade volume. The entrepot country obtains profits by reselling goods, and the amount of its transactions is counted into the trade volume, which can reflect the activity level of the country's trade.
Amanda YangYears of service:3Customer Rating:5.0
Cost control consultantConsult
Yes, it does count as trade volume. Entrepot trade is very common in international trade. If it is not counted, the data of international trade volume will be incomplete and untrue.
Joseph ZhouYears of service:10Customer Rating:5.0
Senior foreign trade managerConsult
Entrepot trade counts as trade volume. For example, Hong Kong is an important entrepot place, and its entrepot trade volume is crucial for its own economy and global trade statistics.
Robert ChenYears of service:6Customer Rating:5.0
Customer service consultantConsult
Definitely it counts as trade volume. Entrepot trade has a driving effect on international logistics, finance, etc., and including it in the trade volume reflects its influence in the economy.
Elizabeth LiYears of service:3Customer Rating:5.0
Compliance and risk managerConsult
Entrepot trade counts as trade volume. When calculating the trade volume, it is the same as general trade and is an important part of the international trade volume.