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Use of Consignment to Expand Export Operations

Author

Listed:
  • Anna Evgenevna Gudzenko

    (Moscow State Institute of International Relations (University) MFA Russia, Moscow, Russia)

Abstract

In the article, the author considers the use of consignment in international trade in a new way. If earlier it was one of the methods of penetration into a foreign market for the sale of goods with the lowest costs, now consignment warehouses are considered as platforms for increasing exports to other countries. The author analyzes the principle and features of consignment, as well as the opportunities for “jumping” into the markets of neighboring countries. As an example, the consignment operations of foreign companies in the United Arab Emirates and in particular in Dubai are overviewed. Export expansion opportunities for certain goods from consignment warehouses from the UAE to African countries are considered.

Suggested Citation

  • Anna Evgenevna Gudzenko, 2021. "Use of Consignment to Expand Export Operations," Russian Foreign Economic Journal, Russian Foreign Trade Academy Ministry of economic development of the Russian Federation, issue 6, pages 40-50, June.
    • Handle: RePEc:alq:rufejo:rfej_2021_06_40-50
    DOI: 10.24411/2072-8042-2021-6-40-50
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