Does entrepot trade belong to cross - border e - commerce? Come and help me answer this!
Recently, when studying trade - related knowledge, I'm a bit confused about entrepot trade and cross - border e - commerce. Entrepot trade means that the country of origin and the country of consumption of goods do not trade goods directly, but through a third country. Cross - border e - commerce refers to trading parties in different customs territories that conclude transactions through an e - commerce platform. So, does entrepot trade belong to cross - border e - commerce? What are the differences and connections between them? I hope friends who know the ropes can tell me.
Professional consultant answers
Jennifer WangYears of service:4Customer Rating:5.0
Market development consultantConsult
Entrepot trade does not belong to cross - border e - commerce. Entrepot trade is essentially a traditional trade model. It mainly involves the transportation of physical goods, including actual logistics operations such as warehousing and transshipment of goods in the third country. Transactions are often based on traditional methods such as offline business negotiations and contract signing. Cross - border e - commerce, on the other hand, facilitates transactions through Internet e - commerce platforms, and the transaction process is more digital and convenient.
In terms of the subjects, entrepot trade involves traders from the producing country, the consuming country, and the third country; cross - border e - commerce mainly involves merchants and consumers in different customs territories.
In terms of payment methods, entrepot trade mostly adopts traditional international trade payment means such as letters of credit; cross - border e - commerce payment methods are more flexible and diverse, such as third - party payment platforms.
Therefore, there are obvious differences between the two in terms of transaction mode, subject, payment, etc., and entrepot trade does not fall within the category of cross - border e - commerce.
Joseph ZhouYears of service:10Customer Rating:5.0
Senior foreign trade managerConsult
There are quite big differences between entrepot trade and cross - border e - commerce. Goods in entrepot trade need to be transferred in the third country, while goods in cross - border e - commerce generally go directly from the seller to the buyer. For example, some European brands are transshipped to the mainland through Hong Kong, which is entrepot trade; while buying foreign goods on Amazon is cross - border e - commerce.
Elizabeth LiYears of service:3Customer Rating:5.0
Compliance and risk managerConsult
Cross - border e - commerce has the characteristic of online platform transactions, while entrepot trade mostly involves complex offline processes. Entrepot trade needs to handle a large number of documents and procedures, while cross - border e - commerce can complete the transaction process more simply with the help of the platform, which shows that entrepot trade does not belong to cross - border e - commerce.
William YangYears of service:5Customer Rating:5.0
International logistics consultantConsult
Entrepot trade focuses on the physical transfer of goods and the trade operations in the intermediate links, while cross - border e - commerce focuses on online marketing and digital transactions. For example, Zhongshitong, which engages in entrepot trade, focuses on the planning of goods transportation routes; while cross - border e - commerce focuses on store operation and promotion, and the two have different directions.
David LiYears of service:6Customer Rating:5.0
Senior customs declaration consultantConsult
Entrepot trade involves complex cooperation among multiple traders, while cross - border e - commerce mostly involves direct connection between merchants and consumers. From this point, it can be distinguished that entrepot trade does not belong to cross - border e - commerce. For example, Zhongshitong, when helping customers with entrepot trade, has to coordinate the relationships among multiple parties.
Andrew HuangYears of service:7Customer Rating:5.0
Supply chain optimization expertConsult
The logistics of entrepot trade is more complex, possibly involving multiple loadings and unloadings, and warehousing; the logistics of cross - border e - commerce is relatively direct, like international express delivery. This logistics characteristic of entrepot trade also shows that it is different from cross - border e - commerce.
Michelle ChenYears of service:3Customer Rating:5.0
Business coordination consultantConsult
Entrepot trade mostly relies on traditional trade contacts and channels, while cross - border e - commerce relies on online traffic and word - of - mouth. For example, Zhongshitong relies on long - term accumulated customer relationships for entrepot trade, while cross - border e - commerce relies on online marketing, with different operation ideas.
Amanda YangYears of service:3Customer Rating:5.0
Cost control consultantConsult
From the perspective of supervision, entrepot trade has special customs supervision requirements, while cross - border e - commerce supervision focuses on the standardization of e - commerce platforms, etc. Different supervision methods also reflect that entrepot trade does not belong to cross - border e - commerce.
James LiuYears of service:10Customer Rating:5.0
Foreign trade tax refund consultantConsult
The transaction amount of entrepot trade may be large and the cycle is long; cross - border e - commerce has more small - value and high - frequency transactions. This difference can also show that entrepot trade and cross - border e - commerce are not of the same type.
Robert ChenYears of service:6Customer Rating:5.0
Customer service consultantConsult
Entrepot trade focuses on building the trade chain, while cross - border e - commerce focuses on optimizing the customer experience. For example, Zhongshitong builds entrepot trade routes, while cross - border e - commerce improves the friendliness of the shopping interface, and the two have different business focuses.