Transshipment trade and entrepot trade are not the same concept. Entrepot trade refers to the buying and selling of imported and exported goods in international trade. It is not carried out directly between the producing country and the consuming country, but through a third country. This third country is the entrepot trade country. The producing country of the goods sells the goods to the third country, and the third country then sells the goods to the final consuming country. The goods usually undergo simple processing and other operations in bonded areas and other areas of the third country.
While transshipment trade means that during the process of transporting the goods from the producing country to the consuming country, due to geographical, political and other reasons, the goods are transshipped at the port of a third country without going through customs clearance in the third country, and the ownership of the goods does not change during the transshipment process.
In short, in entrepot trade, the ownership of the goods will change hands in the third country and may be accompanied by processing, etc. In transshipment trade, the ownership of the goods does not change, and it is only transshipped at the port of a third country.
Professional consultant answers
Andrew HuangYears of service：7Customer Rating：5.0
Supply chain optimization expertConsult
Transshipment trade and entrepot trade are not the same concept. Entrepot trade refers to the buying and selling of imported and exported goods in international trade. It is not carried out directly between the producing country and the consuming country, but through a third country. This third country is the entrepot trade country. The producing country of the goods sells the goods to the third country, and the third country then sells the goods to the final consuming country. The goods usually undergo simple processing and other operations in bonded areas and other areas of the third country.
While transshipment trade means that during the process of transporting the goods from the producing country to the consuming country, due to geographical, political and other reasons, the goods are transshipped at the port of a third country without going through customs clearance in the third country, and the ownership of the goods does not change during the transshipment process.
In short, in entrepot trade, the ownership of the goods will change hands in the third country and may be accompanied by processing, etc. In transshipment trade, the ownership of the goods does not change, and it is only transshipped at the port of a third country.
Emily LiuYears of service：10Customer Rating：5.0
Settlement and payment expertConsult
Transshipment trade and entrepot trade are different. Transshipment focuses more on the transportation link, that is, the goods stop and are transshipped at the port of a third country during transportation.
Entrepot trade involves the change of ownership of the goods in the third country and there are trade buying and selling behaviors.
David LiYears of service：6Customer Rating：5.0
Senior customs declaration consultantConsult
No. Entrepot trade involves traders, and the goods may undergo value-added processing in the transit country. Transshipment trade is mainly a change in the transportation route and is more purely a matter at the transportation level.
Joseph ZhouYears of service：10Customer Rating：5.0
Senior foreign trade managerConsult
Transshipment trade is not entrepot trade. In transshipment trade, the goods are only transshipped when passing through the port of a third country. In entrepot trade, the goods may undergo some commercial operations in the third country and involve buying and selling relationships.
Jennifer WangYears of service：4Customer Rating：5.0
Market development consultantConsult
The two are different. In entrepot trade, the third country plays an intermediate role in trade and the ownership of the goods changes. In transshipment trade, the third country only provides a transshipment site and the ownership of the goods does not change.
Sarah ZhangYears of service：8Customer Rating：5.0
Document expertConsult
Transshipment trade is not entrepot trade. Transshipment is mostly a adjustment of transportation routes, while entrepot involves the commercial trade process and there is a process of buying and selling goods.
Elizabeth LiYears of service：3Customer Rating：5.0
Compliance and risk managerConsult
No. Entrepot trade involves the commercial operation of goods in the third country, while transshipment trade is only a transit during the transportation of goods.
Amanda YangYears of service：3Customer Rating：5.0
Cost control consultantConsult
The difference between transshipment trade and entrepot trade is obvious. Entrepot trade involves trade activities, while transshipment trade is mainly a change in the transportation process.
William YangYears of service：5Customer Rating：5.0
International logistics consultantConsult
Transshipment trade is not entrepot trade. In entrepot trade, there is a change of ownership of the goods through transactions in the third country, while there is no such transaction in transshipment trade.
Robert ChenYears of service：6Customer Rating：5.0
Customer service consultantConsult
They are different. Transshipment trade focuses on transportation, while entrepot trade focuses on trade transfer, and the key lies in whether the ownership of the goods changes.