How should the country of re - export trade be written correctly? What should be noted?
Solved#Entrepot trade#
I've recently been dealing with re - export - related trade business and am a bit confused when filling in the country of re - export trade. I don't know whether to write according to the country where the goods are actually transshipped or if there are other standards. For instance, if the goods depart from China, are transshipped in Singapore, and finally arrive in the United States, should the country of re - export trade be written as Singapore? Will there be different ways of writing due to trade terms or other factors? I hope that professionals can tell me how to write the country of re - export trade.
Professional consultant answers
William YangYears of service：5Customer Rating：5.0
International logistics consultantConsult
In re - export trade, the country of re - export trade usually refers to the country or region where the goods are actually transshipped and a commercial transaction occurs. Just like the example you mentioned, if the goods depart from China, are transshipped in Singapore, and then arrive in the United States, if there is a transfer of ownership of the goods and other commercial transactions in Singapore, then it is appropriate to write Singapore as the country of re - export trade.
However, if it is just a simple transshipment and no commercial transaction occurs in Singapore, and the ownership of the goods is directly transferred from the Chinese seller to the American buyer, strictly speaking, Singapore is not considered the country of re - export trade. But in actual business, it is sometimes written as Singapore according to custom.
In addition, pay attention to the consistency of relevant documents such as trade contracts, bills of lading, and customs declarations. At the same time, different countries' customs and other regulatory authorities may have slight differences in the determination of the country of re - export trade. It is recommended to understand the relevant regulations of both the importing and exporting parties and the transit country in advance to avoid subsequent problems.
James LiuYears of service：10Customer Rating：5.0
Foreign trade tax refund consultantConsult
Generally, write the place where the goods are transshipped and a trade activity occurs as the country of re - export trade. In most cases, writing according to the actual transit place is correct.
Jennifer WangYears of service：4Customer Rating：5.0
Market development consultantConsult
It also needs to be combined with the trade process. If value - added activities such as re - processing are carried out in the transit country, it can basically be determined as the country of re - export trade.
Andrew HuangYears of service：7Customer Rating：5.0
Supply chain optimization expertConsult
Be sure to confirm with the freight forwarder. They are familiar with the transportation process and can give relatively accurate suggestions on how to write the country of re - export trade.
David LiYears of service：6Customer Rating：5.0
Senior customs declaration consultantConsult
Some trades may involve special policies, such as free trade agreements. In this case, the way of writing the country of re - export trade must follow the relevant policy regulations.
Sarah ZhangYears of service：8Customer Rating：5.0
Document expertConsult
Refer to the filling of documents in previous similar businesses. It is very important to maintain consistency.
Amanda YangYears of service：3Customer Rating：5.0
Cost control consultantConsult
You can consult professional re - export trade institutions like Zhongshitong. They have rich experience and can provide accurate guidance.
Joseph ZhouYears of service：10Customer Rating：5.0
Senior foreign trade managerConsult
Study relevant international practices. Although they are not mandatory, they are of reference value for writing the country of re - export trade.
Emily LiuYears of service：10Customer Rating：5.0
Settlement and payment expertConsult
Communicate with the customer to confirm their requirements for filling in the country of re - export trade to avoid differences.