- Example: Singapore is a prime example of entrepot trade.
- Imports: Singapore imports goods like electronics, oil, and raw materials.
- Storage: Goods are stored in free trade zones.
- Re-export: The goods are then re-exported to other countries without significant processing.
- Global Hub: Singapore serves as a major global trading hub.
Topics
Introduction of Commerce and Business
Trade
- Concept of Trade
- Internal Trade
- Wholesale Trade
- Retail Trade
- Types of Retailers> Itinerant Retailers
- Types of Retailers> Fixed Shop Retailer
- Small Scale Fixed Retailer
- Large Scale Fixed Retailers
- Departmental Stores
- Super Market Shop
- Chain Stores or Multiple Shops
- One Price Shop
- Concept of Mall
- International Trade
- Export Trade
- Procedure of Export Trade
- Import Trade
- Procedure of Import Trade
- Entrepot Trade
- Comparison of Different Types of Retailers and Trade Practices
Small Scale Industry and Business
Forms of Business Organisation - 1
- Private Sector Organisations
- Sole Trading Concern
- Partnership Firm
- Types of Partners
- Types of Partnerships Firms
- Hindu Undivided Family Business Or Joint Hindu Family Business
- Co-operative Society
- Types of Cooperative Societies
- Joint Stock Company
- Amul: A Successful Co-operative Movement in India
- Private Limited Company
- Public Limited Company
- Comparison of Different Forms of Business Organization
Forms of Business Organisation - 2
Institutes Supporting Business
Business Environment
- Concept of Business Environment
- Importance of Business Environment
- Dimensions of Business Environment
- Internal Factors
- External Factors> Natural Environment
- External Factors> Social Environment
- External Factors> Political Environment
- External Factors> Economic Environment
- External Factors> Technological Environment
- External Factors> Legal Environment
- New Economic Policy and Business
- Liberalisation
- Privatisation
- Globalisation
- Impact of New Economic Policy on Business
Introduction to Management
- Introduction
- Flow Chart
- Advantages
- Process
- Real-Life Application
- Key Point Summary
Maharashtra State Board: Class 11
Introduction
Entrepot trade, also known as re-export trade, plays a vital role in international business and commerce. It involves importing goods from one country, storing or making minor changes, and then exporting them to another country, usually without paying import duties.
Maharashtra State Board: Class 11
Flow Chart
Maharashtra State Board: Class 11
Advantages
- Goods are imported and re-exported without major processing.
- Takes place in duty-free ports or free trade zones.
- Avoids long-distance transportation and reduces costs.
- Facilitates bulk breaking and minor value addition.
- Saves on customs duties and taxes.
- Helps countries with limited resources join global trade.
Maharashtra State Board: Class 11
Process
| Step | Description |
|---|---|
| 1. Import | Goods arrive from the exporting country to the entrepot. |
| 2. Storage | Goods stored in warehouses, free of import duties. |
| 3. Re-Export | Goods are shipped to a different importing country. |
Real-Life Application
Maharashtra State Board: Class 11
Key Point Summary
- Entrepot trade = re-export trade.
- Involves import, storage (with little/no processing), and re-export of goods.
- Conducted mainly at duty-free ports and warehouses.
- Benefits include reduced costs, convenience, and access to the international market.
