Does entrepôt trade count towards import and export figures? Find out now!
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I am in the foreign trade business and have recently encountered entrepôt trade. I have always been unclear about whether entrepôt trade counts towards import and export figures. For instance, if goods are transshipped from Country A through our country to Country B, are these goods counted as imports and exports when compiling our country's import and export data? If so, how is it calculated? I hope someone knowledgeable can help me, thank you.
Trade Expert Insights Answers
Emma ZhaoYears of service：3Customer Rating：5.0
Export Documentation SpecialistStart a Chat
Entrepôt trade has a special definition in import and export statistics. From our country's perspective, when goods are transshipped from Country A through our country to Country B, these goods are included in our country's import and export figures. In terms of calculation, when goods enter our country's customs territory, even if no substantive processing is done and they are only temporarily stored before being re-exported to Country B, they are counted as imports upon entering our country and as exports when leaving our country for Country B.
From a statistical perspective, the import and export data of entrepôt trade can reflect our country's status and role in international logistics and trade circulation. However, it should be noted that, unlike general trade import and export statistics, entrepôt trade emphasizes the flow path of goods, rather than the direct trade relationship between the final consumption place and the production place of the goods. This is of great significance for analyzing our country's trade structure and its role as a logistics hub.
Anthony LuoYears of service：10Customer Rating：5.0
Trade Compliance ExpertStart a Chat
Yes, it does. Entrepôt trade involves goods coming in and going out, and it is reflected in statistics as imports and exports, impacting trade data.
Linda GuoYears of service：3Customer Rating：5.0
Trade Dispute MediatorStart a Chat
It counts towards import and export figures. When Zhongmaoda handles entrepôt trade, it is also included in relevant statistics, making trade data more comprehensive.
Richard WuYears of service：8Customer Rating：5.0
Global Trade Operations ExpertStart a Chat
Entrepôt trade definitely counts towards import and export figures. When goods pass through our country for transit, they will be reflected in the import and export data.
Thomas LiYears of service：7Customer Rating：5.0
Import Licensing AdvisorStart a Chat
Yes, it does. From an operational standpoint, when goods enter and then are re-exported from our country, they are accounted for in import and export statistics.
Michael ZhangYears of service：10Customer Rating：5.0
Customs Clearance SpecialistStart a Chat
Entrepôt trade counts towards import and export figures, which reflects our country's role in the international trade logistics chain.
Daniel KimYears of service：4Customer Rating：5.0
Commodity Inspection and Quarantine ConsultantStart a Chat
In Zhongmaoda's entrepôt trade operations, these figures are included in the import and export statistics, facilitating the analysis of trade conditions.
Sophia WangYears of service：6Customer Rating：5.0
International Logistics CoordinatorStart a Chat
It counts towards import and export figures. Entrepôt trade enriches the content of import and export data and is very useful for trade analysis.
Olivia LiuYears of service：6Customer Rating：5.0
Foreign Exchange Risk ManagerStart a Chat
Entrepôt trade is a special type of import and export situation and is counted in the import and export figures.