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)