The application and practice of entrepot trade in the export of quartz stone

Mondo Home Updated on 2024-02-01

With the deepening of global economic integration, quartz as an important non-metallic mineral raw material, its export is increasingly active. However, due to various barriers and restrictions, quartz stone export enterprises are facing more and more challenges. Among them, entrepot **, as a flexible way, has gradually been widely used in the export of quartz stone.

In recent years, the United States has implemented a strict anti-dumping policy on quartz imported from China, claiming that Chinese quartz stone has damaged the domestic industry of the United States with a price lower than the production cost. With the increase of anti-dumping duties, the advantage of Chinese quartz stone in the US market has gradually weakened, and the export volume has also been affected to a certain extent.

Faced with this situation, third-country re-exports** have become a viable solution. In re-exports**, a third country buys goods from the country where the goods are produced and then resells them to the countries that consume the goods. This method helps to avoid certain barriers and restrictions, reduce transaction costs, and improve transaction efficiency.

Quartz stone export enterprises can circumvent the barriers and restrictions of some countries and expand their market share through re-export. Specifically, the application of entrepot ** in the export of quartz includes the following aspects:

Evasion of tariffs and anti-dumping duties: Some countries have imposed high tariffs or anti-dumping duties on quartz imports, resulting in cost pressures on exporters. Re-export** allows companies to reduce costs by exporting products to countries that are not affected by tariffs or anti-dumping duties, and then re-exporting from those countries to target markets. Open up new markets: Some countries have strict restrictions on the import of quartz stone, limiting the scale of exports. Through re-exports**, companies can open up new markets by exporting their products to unrestricted countries and then re-exporting them to target markets. Improving transaction efficiency: Some countries have strict requirements for the procedures and standards for the import of quartz, resulting in a lot of time and effort for companies to meet these requirements. Through entrepots**, enterprises can use the channels and resources of third countries to quickly complete transactions and improve transaction efficiency.

In practice, some quartz stone export enterprises have successfully used entrepot to expand market share and improve economic efficiency. Here are some specific examples:

Quartz stone export enterprises first export their products to a country in Southeast Asia, and then re-export from that country to the market in the Middle East. Since there are no tariffs and anti-dumping duties between a certain country in Southeast Asia and countries in the Middle East, the company has successfully expanded its market share in the Middle East. Quartz export enterprises through cooperation with a European country's ** company, the products are first exported to the country, and then re-exported from the country to the market in South America. Due to the absence of barriers and restrictions between a European country and a South American country, the company successfully opened up the South American market. Quartz export enterprises through cooperation with the first company in an African country, the products are first exported to the country, and then re-exported from the country to the European market. Since there are no complex import procedures and standard requirements between an African country and a European country, the company has improved transaction efficiency and reduced transaction costs.

To sum up, re-exporting, as a flexible way, has a wide range of application prospects in the export of quartz stone. In order to better apply entrepots, it is recommended that quartz stone export enterprises should strengthen market research to understand the needs and barriers of the target market; Selecting suitable third-country partners and establishing stable re-export channels; Strengthen communication and collaboration with partners to ensure the smooth running of transactions; Focus on quality and service, improve the competitiveness and added value of products. Through the implementation of these measures, companies can better use re-exports** to address challenges and opportunities and achieve sustainable development.

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