Our company plans to engage in transshipment trade and wants to understand how the exporting party declares customs. We have only handled conventional export customs declarations before, and we feel that transshipment trade is more complex. The best answer points out that it is necessary to prepare documents such as contracts, choose electronic or paper declaration, and after customs review and inspection, release. At the same time, information must be declared truthfully, and differences in policies of different countries should be noted.
Does Transshipment Trade Require Two Customs Declarations? Find Out Here!
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I've recently been dealing with matters related to transshipment trade and I'm not very clear about the customs declaration process. I'd like to ask, does transshipment trade require two customs declarations? If so, at which stages are the declarations made? What are the differences in the declaration content? I hope a professional can help answer these questions, so I can have a clearer understanding of transshipment trade customs declarations and avoid errors in future work.
Trade Expert Insights Answers
Richard WuYears of service：8Customer Rating：5.0
Global Trade Operations ExpertStart a Chat
Transshipment trade typically requires two customs declarations. First, when goods are transported from the country of origin to a transit country, an import declaration is required in the transit country. This step primarily involves declaring detailed information about the goods to the transit country's customs, including their type, quantity, value, etc., to allow the transit country's customs to supervise the entry of goods into its territory.
Then, when goods are transported from the transit country to the final destination country, an export declaration is required. This declaration also requires detailed information about the goods, and relevant trade documents must also be provided. The purposes of the two declarations are different; the import declaration focuses on the supervision of goods entering the transit country, while the export declaration concerns the departure of goods from the transit country to the destination country. However, specific requirements may vary depending on the customs regulations of the transit country, so it is essential to understand the relevant policies and regulations of the transit country beforehand when operating.
Olivia LiuYears of service：6Customer Rating：5.0
Foreign Exchange Risk ManagerStart a Chat
Generally, two declarations are required. The first, import declaration, focuses on the goods entering the country, and the second, export declaration, focuses on the goods exiting the country. Both declarations require accurate provision of goods and trade-related information.
Robert TanYears of service：5Customer Rating：5.0
International Market Development AdvisorStart a Chat
Transshipment trade mostly requires two declarations. Import declarations involve paying some fees and completing procedures, while export declarations require preparing various documents and operating according to the process.
Thomas LiYears of service：7Customer Rating：5.0
Import Licensing AdvisorStart a Chat
Indeed, two declarations are required: import and export declarations at the transit location. The content primarily revolves around the goods' status and trade information; just don't omit any important documents.
Michael ZhangYears of service：10Customer Rating：5.0
Customs Clearance SpecialistStart a Chat
Typically, two declarations are required. Both import and export declarations must provide accurate documents as per customs requirements, to ensure a smooth trade process.
Emma ZhaoYears of service：3Customer Rating：5.0
Export Documentation SpecialistStart a Chat
Transshipment trade generally requires two declarations. Customs declaration requirements differ at various ports of entry, so be sure to confirm in advance.
Sophia WangYears of service：6Customer Rating：5.0
International Logistics CoordinatorStart a Chat
Yes, two declarations are needed. During import declaration, customs inspects the goods, and export declaration ensures the goods comply with regulations for departure.
Daniel KimYears of service：4Customer Rating：5.0
Commodity Inspection and Quarantine ConsultantStart a Chat
That's right, two declarations are needed. Each declaration must follow customs instructions, and documents must be carefully prepared.
David ChenYears of service：10Customer Rating：5.0
Trade Compliance AdvisorStart a Chat
In most cases, transshipment trade requires two declarations. Complete both import and export customs declaration processes according to customs regulations.