Non-entrepot trade is usually also called direct trade. Direct trade refers to the act that the country of production and the country of consumption of goods do not conduct the buying and selling of goods through a third country. In direct trade, the producer sells the goods directly to the consumer, and both sides conduct transaction consultations, sign contracts, and complete the processes such as goods delivery and payment settlement directly.
For example, a furniture factory in China sells furniture directly to a retailer in the United States without going through the hands of merchants in other countries. This is a typical example of direct trade.
This way of trading can reduce intermediate links, making both the buyer and the seller more autonomous in terms of price, communication, etc. For the production enterprise, it can understand the needs of consumers more directly and adjust the production strategy in a timely manner. For consumers, they may get more favorable prices due to the reduction of intermediate price differences. Direct trade occupies an important position in international trade and promotes the circulation of goods and economic cooperation among countries.
Professional consultant answers
Andrew HuangYears of service:7Customer Rating:5.0
Supply chain optimization expertConsult
Non-entrepot trade is usually also called direct trade. Direct trade refers to the act that the country of production and the country of consumption of goods do not conduct the buying and selling of goods through a third country. In direct trade, the producer sells the goods directly to the consumer, and both sides conduct transaction consultations, sign contracts, and complete the processes such as goods delivery and payment settlement directly.
For example, a furniture factory in China sells furniture directly to a retailer in the United States without going through the hands of merchants in other countries. This is a typical example of direct trade.
This way of trading can reduce intermediate links, making both the buyer and the seller more autonomous in terms of price, communication, etc. For the production enterprise, it can understand the needs of consumers more directly and adjust the production strategy in a timely manner. For consumers, they may get more favorable prices due to the reduction of intermediate price differences. Direct trade occupies an important position in international trade and promotes the circulation of goods and economic cooperation among countries.
Jennifer WangYears of service:4Customer Rating:5.0
Market development consultantConsult
Besides being called direct trade, non-entrepot trade is sometimes also called general trade. General trade mainly refers to the way of customs supervision. Purchasing raw materials in the domestic market for production and then exporting for sale, or directly importing goods for domestic sales are all common forms of general trade.
Amanda YangYears of service:3Customer Rating:5.0
Cost control consultantConsult
Non-entrepot trade can also be called regular trade. As can be seen from the name, this is a more common and regular trading mode, without going through the turnover in a third place, and the country of production directly conducts trade with the country of consumption.
Joseph ZhouYears of service:10Customer Rating:5.0
Senior foreign trade managerConsult
Actually, non-entrepot trade is a trading form in which the country of production and the country of consumption are directly connected. The common name is direct trade. This trading form enables both sides of the transaction to establish direct contact with lower communication costs.
Sarah ZhangYears of service:8Customer Rating:5.0
Document expertConsult
In some trade materials, non-entrepot trade is also called through trade, emphasizing that the goods directly reach the place of consumption from the place of production, reducing detours.
Robert ChenYears of service:6Customer Rating:5.0
Customer service consultantConsult
The name of direct trade is the most common for non-entrepot trade, that is, skipping the third party and allowing the merchants of the two countries to do business directly.
Emily LiuYears of service:10Customer Rating:5.0
Settlement and payment expertConsult
Some people call non-entrepot trade simple trade because compared with entrepot trade, it has fewer intermediate transfer links and is relatively simple.
Elizabeth LiYears of service:3Customer Rating:5.0
Compliance and risk managerConsult
Non-entrepot trade is also called direct arrival trade, highlighting the characteristic that the transportation of goods is directly from the country of production to the country of consumption.
David LiYears of service:6Customer Rating:5.0
Senior customs declaration consultantConsult
It is also called direct connection trade, reflecting the relationship that the country of production and the country of consumption are directly connected for trading.