Singapore is the largest transshipment center in the world, with an efficient and perfect transshipment mechanism, which enables goods to be re-exported to other places quickly and economically. Singapore's entrepot trade has a unique geographical advantage. This is a free trade port, through which goods from many countries transit. Through entrepot trade, Hong Kong can obtain considerable entrepot profits and income from warehousing, transportation, loading and unloading and taxation. At the same time, it also promoted the development of local finance, transportation, telecommunications, tourism and other industries. Its advantages can be seen.
This trade mode is indirect export by the producer and indirect import by the consumer, so it is indirect trade mode. For a third country, it re-exports the imported goods, so it is re-export, also called entrepot trade. The entrepot trade has a history of hundreds of years, and London, Rotterdam and Singapore are famous entrepot trade ports. Post-war entrepot trade developed rapidly in Hong Kong, Singapore, Japan and other places, and became an important part of foreign trade in these areas.