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Does transit trade have to go through customs declaration again? Come and find out!

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Our company plans to carry out transit trade business recently, and we are not very clear about the customs declaration process. I want to know whether transit trade definitely requires another customs declaration? If it does, what are the specific procedures? And what are the differences from general trade customs declaration? I hope that professionals can help answer these questions, so that I can have a clearer understanding of the customs declaration matters of transit trade, enabling our company to carry out the business smoothly.

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Professional consultant answers

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

Senior customs declaration consultantConsult

Transit trade does require another customs declaration. Transit trade refers to the business of importing and exporting goods in international trade, which is not directly carried out between the producing country and the consuming country, but through a third country.

When the goods enter the transit country, they need to go through import customs declaration according to the requirements of the customs of the transit country, clearly stating the detailed information of the goods, such as the name, quantity, value, etc. When the goods are exported again to the final destination country, they also need to go through export customs declaration, reporting to the customs the relevant situation of the goods leaving the country.

Compared with general trade customs declaration, transit trade customs declaration involves situations such as warehousing and container changing of the goods in the transit country, and relevant supporting documents need to be provided additionally. General trade is direct import and export, while transit trade has an additional transit link. When going through customs declaration, special attention should be paid to the policies, regulations and relevant requirements of the transit place to ensure the smooth progress of customs declaration.

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

Senior foreign trade managerConsult

The main reason why transit trade requires another customs declaration is that the goods are exported again after staying in the transit country, and the customs needs to keep track of the movement of the goods. When going through customs declaration, basic documents such as contracts, invoices, packing lists, etc. should be prepared, and at the same time, transit-related certificates are also very important, such as the warehousing records of the transit warehouse.

Elizabeth Li
Elizabeth LiYears of service:3Customer Rating:5.0

Compliance and risk managerConsult

Michelle Chen
Michelle ChenYears of service:3Customer Rating:5.0

Business coordination consultantConsult

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

Settlement and payment expertConsult

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

International logistics consultantConsult

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

Document expertConsult

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

Supply chain optimization expertConsult

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

Cost control consultantConsult

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

Market development consultantConsult

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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