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Meaning of “re-export” in the English Dictionary

"re-export" in Business English

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re-exportnoun

also reexport uk   us   COMMERCE
[C, usually plural] an imported product that is then exported by the importing country: Domestic exports dropped by 42%, while re-exports fell by 16%.
[U] the process of exporting goods that were previously imported into a country: The factories import materials or parts to make goods for re-export.

re-exportverb [T]

also reexport uk   us   COMMERCE
to export goods that were previously imported into a country: Hong Kong trading firms play a major role in sourcing and re-exporting footwear produced in the Chinese mainland.
re-exportation
noun [U]
Drug companies are considering refusing to sell drugs to countries that allow re-exportation.
(Definition of re-export from the Cambridge Business English Dictionary © Cambridge University Press)
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“re-export” in Business English

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