transit trade ? Direct transit trade ? Commodities further transported toward outside along the domestic transportation line without being placed in the bonded warehouse ? 3rd country earns profit by imposing imp. and exp. duties ? Indirect transit trade ? Commodities first placed in the bonded warehouse before being transported further without any processing ? 3rd country earns warehousing charges + imp. and exp. duties SEIB OF GDUFS 10 1.3 Classification of international trade ? From the number of participants involved ? Direct trade ? Two parties involved: the importer and the exporter ? Indirect trade ? Three parties involved: the exporter, the importer and the intermediate party ? Entrep ?t trade ? One party involved: who is the importer, the processor and also the exporter
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