Ultimate Consignee refers to the final recipient of goods being shipped, particularly in international trade.

Definition: The entity (individual or company) that is the end user or final recipient of the goods after all intermediaries and distributors.

Role in Trade:

Customs Documentation: The ultimate consignee must be identified in shipping and customs documents to comply with import regulations.

End-Use Certification: Often required to certify that the goods will not be re-exported or used for unauthorized purposes.

Examples:

Retail Scenario: A retailer importing goods to sell in stores.

Manufacturing Scenario: A manufacturer receiving components to be used in production.

Importance:

Regulatory Compliance: Ensures adherence to trade laws and regulations, including export controls and sanctions.

Logistics: Helps in planning and executing the final delivery of goods.