Market procurement trade is a trade method that allows qualified operators to conduct small - scale purchases within a designated market agglomeration area and handle export customs clearance procedures. It solves the problem of small commodity exports, improves trade facilitation, and brings many advantages in tax and foreign exchange management. This article explains in detail the definition, main advantages of market procurement trade, and the market entities that can carry out this kind of trade.

Definition: Market procurement trade is a trade method in which eligible operators purchase goods within a market agglomeration area recognized by the national commerce department and other departments, and the value of goods on a single customs declaration form does not exceed 150,000 US dollars. Goods prohibited or restricted from export by the state do not apply to this trade method.

Solve the problem of small commodity exports: Standardize the trade of small - batch, multi - batch, and multi - variety goods, which helps to establish a quality traceability system and promote trade development.
Improve trade facilitation: If there are more than 5 types of goods on each customs declaration form, simplified declaration can be implemented.
3. Enjoy VAT exemption without refund: Solves the invoice-less export trade issues of market merchants characterized by small orders, mixed goods, and numerous varieties.
Improve information sharing: Build a platform for small, medium - sized and micro - enterprises to open up channels to connect with the international market.foreign tradeMore flexible foreign exchange management: Allow RMB settlement and improve the efficiency of enterprise payment collection.
Applicable market entities: Market business households, market procurement trade operators, and purchasers engaged in market procurement trade need to first carry out filing and registration of foreign trade business entities. After filing and registration, they can carry out market procurement trade export business.

Applicable entities: Market operators conducting market procurement trade, market procurement trade operators, and purchasers must first complete foreign trade operator registration. After registration, they may conduct market procurement export business.

As a flexible and convenient trade method, market procurement trade not only helps the internationalization of small commodities but also provides more foreign trade opportunities and conveniences for small, medium - sized and micro - enterprises. It is one of the important means to promote Chinas foreign trade development.

Analysis of Market Procurement Trade: Definition, Advantages and Applicable Entities | Shanghai Import/Export Agent