Re-exportation

From Wikipedia, the free encyclopedia

This article may require cleanup to meet Wikipedia's quality standards.
Please improve this article if you can. (May 2008)

Please help improve this article or section by expanding it.
Further information might be found on the talk page or at requests for expansion. (May 2008)

Re-exportation is when a member of a customs union charges lower tariffs to external nations to win trade, and then re-exports the same product within the customs union, but tariff-free.

The export without further processing or transformation of a good that has been imported. It is also called Entrepot Trade.

Definition of Re-export:

Re-exports are foreign goods exported in the same state as previously imported, from the free circulation area, premises for inward processing or industrial free zones, directly to the rest of the world and from premises for customs warehousing or commercial free zones, to the rest of the world.