Re-exportation
RE-EXPORTS CONSIST OF FOREIGN GOODS EXPORTED IN THE SAME STATE AS PREVIOUSLY IMPORTED. RE-EXPORTS DO NOT UNDERGO ANY VALUE-ADDED PROCESSES, SO CANNOT BE COUNTED TOWARDS A NATION'S EXPORTS.
Entrepot Trade; Entrepot trade; Re-exports; Re-export; Re-exporting; Reexports
Re-exportation, also called entrepot trade, is a form of international trade in which a country exports goods which it previously imported without altering them. One such example could be when one member of a free trade agreement charges lower tariffs to external nations to win trade, and then re-exports the same product to another partner in the trade agreement, but tariff-free.