What is re-export trade also called? Let's find out together!
Solved#Entrepot trade#
I've recently been studying international trade and came across re-export trade. I understand it refers to the buying and selling of import/export goods in international trade that doesn't occur directly between the producing country and consuming country, but rather through a third country. But I'm wondering, besides this formal term, what other names is re-export trade known by? I hope someone knowledgeable can help answer this.
Professional consultant answers
William YangYears of service：5Customer Rating：5.0
International logistics consultantConsult
Re-export trade is also commonly called transit trade. This is because in re-export trade, goods from the producing country are shipped to a third country where they undergo storage, classification, mixing and other operations before being transported to the consuming country, as if transiting through the third country.
Re-export trade differs from transit trade where goods merely pass through a third country's border without substantial processing, while re-export trade may involve some degree of handling in the third country.
Furthermore, re-export trade allows businesses to utilize special advantages of third countries like tax benefits and geographical advantages to reduce trade costs and circumvent trade barriers, making it important in international trade.
Jennifer WangYears of service：4Customer Rating：5.0
Market development consultantConsult
In some regions, re-export trade is also called indirect trade, as it's not direct trade between producing and consuming countries but completed indirectly through a third party.
Elizabeth LiYears of service：3Customer Rating：5.0
Compliance and risk managerConsult
Re-export trade is sometimes called triangular trade, vividly describing the trade model involving producing country, transit country and consuming country.
Michelle ChenYears of service：3Customer Rating：5.0
Business coordination consultantConsult
In some industries, re-export trade is also called re-exportation trade, emphasizing the process where goods are processed in the transit country before being exported again to the consuming country.
Joseph ZhouYears of service：10Customer Rating：5.0
Senior foreign trade managerConsult
From a trade process perspective, some call re-export trade switch trade, highlighting the characteristic of goods being switched in a third country.
Amanda YangYears of service：3Customer Rating：5.0
Cost control consultantConsult
In certain contexts, re-export trade is called roundabout trade, reflecting how the trade path isn't direct but makes a detour through a third country.
David LiYears of service：6Customer Rating：5.0
Senior customs declaration consultantConsult
In some trade materials, re-export trade is also called intermediary trade, indicating the third country serves as an intermediary between producing and consuming countries.
Emily LiuYears of service：10Customer Rating：5.0
Settlement and payment expertConsult
Some regions call re-export trade resale trade, colloquially describing how goods are resold in a third country.
Sarah ZhangYears of service：8Customer Rating：5.0
Document expertConsult
In special trade scenarios, re-export trade is called transshipment trade, emphasizing the key point of goods being transshipped through a third country to the consuming country.