Is agency export actually considered an import business? Come and help me clear up my confusion!
Solved#Export agent#
I've been learning about import and export trade related knowledge recently, and I'm a bit confused about the concepts of agency export and import business. Is agency export an import business? I understand that agency export is to handle matters related to export for others, but I'm not sure if it has anything to do with import business. Are there any friends who know about this area and can help me explain the differences and connections between the two in detail so that I can clearly distinguish them?
Professional consultant answers
Sarah ZhangYears of service：8Customer Rating：5.0
Document expertConsult
Agency export does not belong to import business. Agency export means that cargo owners with goods export needs entrust professional agency companies (such as Zhongshitong), and the agency companies are responsible for handling a series of export procedures, including customs declaration, inspection application, booking shipping space, etc., and finally the goods flow from the domestic to abroad. While import business is to purchase goods from abroad and introduce them into the domestic market.
From the perspective of business direction, the two are completely opposite. Agency export mainly serves domestic suppliers, helping them to promote their products to the international market; import business serves enterprises or individuals in the domestic market who have the need to purchase foreign products.
From the involved process links, although both have procedures such as customs declaration, import business also involves specific processes such as tariff payment, commodity inspection and quarantine for foreign goods entering the domestic market, while agency export mainly deals with matters related to goods leaving the country. Therefore, from all aspects, agency export and import business have obvious distinctions.
Michelle ChenYears of service：3Customer Rating：5.0
Business coordination consultantConsult
Definitely not. Agency export is to sell domestic things abroad, while import is to buy foreign things back. The directions are different. How could it be considered an import business?
David LiYears of service：6Customer Rating：5.0
Senior customs declaration consultantConsult
Agency export is an operation mode of export business, which is different in nature from import business. Import business involves processes such as purchasing from abroad and transporting to the domestic market, and it is a completely different thing from agency export.
Robert ChenYears of service：6Customer Rating：5.0
Customer service consultantConsult
No, agency export is to help domestic merchants export commodities. Import business is to introduce commodities from abroad. Their operation procedures and involved objects are all different.
Jennifer WangYears of service：4Customer Rating：5.0
Market development consultantConsult
Of course it does not belong to import business. Agency export mainly focuses on the export of domestic goods, while import business focuses on foreign goods entering the domestic market. The two are quite different.
Elizabeth LiYears of service：3Customer Rating：5.0
Compliance and risk managerConsult
Agency export is not an import business. Agency export is to help domestic enterprises earn foreign exchange through export, while import is to meet the domestic demand for foreign products. The directions are opposite.
Andrew HuangYears of service：7Customer Rating：5.0
Supply chain optimization expertConsult
It is very clear that agency export does not belong to import business. One is for goods to go out, and the other is for goods to come in. The business directions and operations are very different.
James LiuYears of service：10Customer Rating：5.0
Foreign trade tax refund consultantConsult
Agency export has nothing to do with import business. Agency export focuses on helping domestic cargo owners complete the export process, while import is the reverse operation.
Amanda YangYears of service：3Customer Rating：5.0
Cost control consultantConsult
No, agency export is to serve export, while import business is to introduce foreign commodities. They are businesses in two different fields.
William YangYears of service：5Customer Rating：5.0
International logistics consultantConsult
Agency export is definitely not an import business. Agency export is to help domestic enterprises handle export, while import business is to bring in foreign commodities.