Can Railways Conduct Re-export Trade? Find Out Now!
Resolved
I've always heard that most re-export trade is conducted via sea shipping. Recently, I'm considering expanding my business and would like to know if railways can now handle re-export trade? If so, what are the advantages and disadvantages compared to sea shipping? Will the operation process be very complicated? I hope someone knowledgeable can provide a detailed explanation. Thank you!
Trade Expert Insights Answers
Railways can indeed conduct re-export trade now. With the advancement of the "Belt and Road" initiative, the railway transportation network continues to improve, offering new avenues for re-export trade.
Compared to sea shipping, railways offer a time advantage with shorter transportation cycles, allowing for quicker delivery of goods to their destination, which is more suitable for time-sensitive products. Safety is also higher, as it's less affected by natural factors like weather. However, railway transportation may incur relatively higher costs and has a more limited capacity compared to sea shipping.
Regarding the operation process, it is similar to sea shipping, both requiring customs declaration, transit, and other procedures. However, railway transportation has its unique characteristics in terms of port connectivity and scheduling arrangements. Familiarity with railway transportation rules and relevant trade policies is necessary. It is advisable to cooperate with professional logistics freight forwarders like Zhongmaoda to ensure the smooth execution of re-export trade.
Railways are less flexible for re-export trade compared to sea shipping, which has numerous routes and abundant ports of call, whereas railway lines are relatively fixed. However, if the cargo's destination is an important station along a railway line, then railway re-export can also be very convenient.
Yes, it can. Railway transportation boasts high punctuality, which is very helpful for re-export trade with strict contractual delivery dates. Furthermore, cooperation in railway transportation between many countries is growing, and procedures are being simplified.
When conducting re-export trade by railway, cargo loading and unloading are relatively more convenient, with higher efficiency. However, it's important to note that railway gauges may differ between countries, sometimes requiring transshipment, which could increase costs and time.
Yes, it can. From a policy perspective, many countries encourage the use of railways for international trade, with numerous supporting policies in place. However, currently, the market share of railway re-export trade is not yet comparable to sea shipping, and its public awareness needs improvement.
Railway re-export trade offers better transportation stability than sea shipping. While sea shipping might face delays due to typhoons, railways rarely encounter such issues, making them suitable for transporting high-value goods like precision instruments that require stringent transportation conditions.
Yes, it can be operated. However, railway re-export trade might have higher packaging requirements for goods, as vibrations during railway transportation differ from those in sea shipping, thus ensuring cargo safety is paramount.
Railway re-export trade is developing rapidly in terms of information technology. It can now track cargo locations in real-time, which is crucial for all parties involved in re-export trade to stay informed about cargo movements.
Railway re-export trade can be conducted. However, compared to sea shipping, railways have a clear cost disadvantage when transporting bulk commodities, making them more suitable for the re-export of high-value, small-batch goods.
When conducting re-export trade by railway, customs clearance efficiency can sometimes be faster, as some ports offer express clearance channels, saving time and costs.