When engaging in foreign trade, confusion arises between the concepts of export and transshipment trade. The question asks whether export is a type of transshipment trade. The best answer points out that export is the direct sale of domestic goods to foreign markets, while transshipment trade involves goods being resold through a third country, and there is a clear distinction between the two. Export is not transshipment trade; transshipment trade is often used to circumvent barriers, etc.
How to Correctly Fill in the Code for Transshipment Trade in Actual Business Operations?
Resolved
My company has recently been involved in transshipment trade and is struggling with filling in the relevant trade codes. I know that different trade types have corresponding codes, but how specifically should the transshipment trade code be written, and are there any relevant norms and standards? Also, will the filling requirements for transshipment trade codes differ in different regions? I hope to receive a detailed and practical answer to help us accurately fill in the code and avoid problems in subsequent business operations.
Trade Expert Insights Answers
Sophia WangYears of service：6Customer Rating：5.0
International Logistics CoordinatorStart a Chat
The customs trade method code for transshipment trade is generally "121030". This code is a unified identifier set by China Customs for transshipment trade business and should be accurately filled in the "Trade Method" field of relevant documents such as import and export declarations.
It should be noted that when filling in the code, ensure that the actual nature of the goods' trade is consistent with the definition of transshipment trade, meaning that the country of production and the country of consumption do not directly buy and sell goods, but rather resell them through a third country.
Furthermore, customs offices in various regions generally adhere to unified trade method code standards to ensure consistency and accuracy in trade data statistics. However, in actual operations, it is still recommended to communicate and confirm with the local customs in advance, or to check the latest regulations through official channels such as the China Customs Enterprise Import and Export Credit Information Publicity Platform, to avoid filling errors due to special circumstances or policy changes.
Linda GuoYears of service：3Customer Rating：5.0
Trade Dispute MediatorStart a Chat
The transshipment trade code is mainly filled in according to customs regulations, commonly as "121030", but in some special business scenarios, there may be differences. If complex situations such as processing transshipment trade are involved, it is best to consult with local customs officers, who can provide accurate advice based on the actual business.
David ChenYears of service：10Customer Rating：5.0
Trade Compliance AdvisorStart a Chat
In addition to customs declarations, the filling of transshipment trade codes may differ slightly in some internal enterprise systems or when reporting to other institutions. For example, in the tax declaration system, although the basic code is the same, when it comes to specific form associations, it should be filled in according to the tax department's instructions, and attention should be paid to ensuring consistency with the customs declaration code.
Thomas LiYears of service：7Customer Rating：5.0
Import Licensing AdvisorStart a Chat
If the transshipment trade code is filled incorrectly, it may affect the customs clearance speed of goods, or even lead to errors in trade data statistics. Therefore, before filling it in, you must carefully review the business details, and you can also refer to previous documents of similar businesses. If you are still unsure, consulting a professional trade agent like Zhongmaoda is also a viable option.
Olivia LiuYears of service：6Customer Rating：5.0
Foreign Exchange Risk ManagerStart a Chat
The requirements for filling in transshipment trade codes on different trade platforms generally follow customs standards. However, for transshipment trade in some cross-border e-commerce scenarios, when filling in the code in the platform backend, it should be done according to the platform rules. Sometimes, more detailed business information may be required, so carefully read the platform instructions.
Emma ZhaoYears of service：3Customer Rating：5.0
Export Documentation SpecialistStart a Chat
When filling in the transshipment trade code, ensure that related documents and materials are prepared, such as bills of lading and commercial invoices, which can help confirm the nature of the trade, ensure the accuracy of the code filling, and facilitate subsequent inspections.
Michael ZhangYears of service：10Customer Rating：5.0
Customs Clearance SpecialistStart a Chat
If a company's transshipment trade business involves multiple goods, the code filling is not affected by the type of goods. As long as the trade method is transshipment trade, "121030" should be filled in. However, the specific information for each good must be filled in accurately and in detail on declarations and other documents.
Anthony LuoYears of service：10Customer Rating：5.0
Trade Compliance ExpertStart a Chat
After filling in the transshipment trade code, you must also pay attention to subsequent dynamics. If there are changes during the trade process, such as a change in the goods' transportation route, you need to confirm whether it affects the code and report and correct it to customs and other departments in a timely manner if necessary.
Robert TanYears of service：5Customer Rating：5.0
International Market Development AdvisorStart a Chat
In international trade, different countries may have different definitions and code representations for transshipment trade. If cooperating with foreign companies for transshipment trade, both parties should communicate in advance regarding code-related matters to avoid problems arising from different understandings.