What is the difference between re-exports and re-imports Posted on 11 April 2023 Category : Export The information provided here is part of Guide on howtoexport and import The term re import and re export are used in international trade commonly. Let us distinction between re exports and re imports with simple example below. In simple terms, let me describe about re exports. If you categories exports as foreign goods and domestic goods, the export of foreign goods is called re-exports. This is the simplest method of understanding about re-exports. If any goods imported from another country (it becomes foreign goods) and thereafter exporting back, such goods are fell under re exports. For example, a machinery has been imported in to a country for testing purpose and after necessary testing, the said machinery is sent back. Here, the process of sending back such machinery is called re-exports. If you categories imports as foreign goods and domestic goods, the import of domestic goods is called re-import. This is the simplest method of understanding about re-import. If any goods of a country is exported to another country and thereafter importing back the same goods, such goods are fell under re imports. For example, a machinery has been exported to a country for testing purpose and after necessary testing, the said machinery is returning back to the country. Here, the process of returning back such machinery is called re-imports. In many cases re-imports and re-exports happen as the exported goods are not satisfied with quality measures, goods exported not matching with the buyer’s requirements, goods exported for specific purpose like project, exhibition etc. The above information is a part of Online export import training guide Other posts about Import Export online tutorial Difference between EGM and shipping bill Difference between shut out cargo and short shipment cargo Export customs clearance procedures and formalities in India Do pro- forma invoice accepts for import customs clearance? Transferability of Bill of Lading Difference between importer and Consignee How to start Export Business? How to get Export Orders? What are the risks and solutions in Export Business? Click here to know India Trade Classification(ITC) Service Tax - Click here to read complete notification under Budget 2014 What is Bank post shipment credit to exporters? 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What is Manifest Hold by US customs on import What is MET exam in US import customs clearance What is legalization of documents by embassy? What is LET EXPORT order in export trade? What is Line number in IGM What does ECGC do on default of payment of any overseas buyer? Import of milk,cheese,curd, Kephir and other milk products Importation processes of Fish and crustaceans How to import Meat and Edible meat offal Bank Packing credit to exporters of Floriculture, Grapes and Other Agro-based Products How is packing credit/pre shipment finance be liquidated? Bank Pre shipment Finance to exporters Comments Sandeep Kadam: On 27 April 2016 Please details about GR Waiver, Re import & export Vijay Kumar: On 09 October 2017 Sir it's very very helpful. Vilas Naik: On 21 August 2019 I have a problem as I have bought gold from Authorised Bank of qty 5.00 Kg, but i have utilised 2.00 kg and forgot to use balance qty in next shipments. According to authorised bank we have not used balance qty within stipulated period ie. 180 days, so will not get custom duty on remaining qty. Now, what can i do to get custom duty on balance gold qty. sanjay: On 21 July 2022 We received some shipments of Pharmaceutical products from India which were faulty etc. We now wish to send these back for rectification and return the same back to us. The manufactures are in India and they are willing to re-pack and rectify the products before re-shipping the same back to us. Kindly advise on the procedures etc as these goods should be treated as 'Bonded" and should have no duties levied etc as they are being re-exported back to us in the UK.