Reexported: meaning, definitions and examples
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reexported
[ ˌriːɪkˈspɔːrtɪd ]
trade activity
Reexported refers to the act of exporting goods that have already been imported into a country. This process often involves a change in the destination of the goods, meaning they are sent to a different country than the one they were originally imported into. Reexportation is common in international trade, particularly for businesses looking to take advantage of favorable market conditions or lower tariffs. This practice can also be utilized as a part of supply chain management, where goods are imported for processing and then exported again. Reexporting can contribute positively to a country's economy by enhancing trade balances and providing opportunities for local businesses.
Synonyms
export again, redistribute, reexport.
Examples of usage
- The company reexported the electronics to several countries.
- After processing the raw materials, they reexported the finished products.
- Many companies engage in reexported activities to improve their profit margins.
Translations
Translations of the word "reexported" in other languages:
🇵🇹 reexportado
🇮🇳 पुनः निर्यातित
🇩🇪 reexportiert
🇮🇩 diekspor kembali
🇺🇦 реекспортований
🇵🇱 reeksportowany
🇯🇵 再輸出された
🇫🇷 réexporté
🇪🇸 reexportado
🇹🇷 yeniden ihraç edilen
🇰🇷 재수출된
🇸🇦 إعادة تصديرها
🇨🇿 reexportovaný
🇸🇰 reexportovaný
🇨🇳 再出口的
🇸🇮 reeksportiran
🇮🇸 endurnýtt
🇰🇿 қайта экспортталған
🇬🇪 მეორე ექსპორტირებული
🇦🇿 yenidən ixrac edilmiş
🇲🇽 reexportado
Etymology
The term 'reexported' is derived from the prefix 're-' which means 'again' or 'back', and the root word 'export' which comes from the Latin 'exportare', where 'ex-' means 'out' and 'portare' means 'to carry'. The concept of reexportation has evolved alongside global trade practices, becoming a crucial part of international logistics. Historically, reexporting emerged as a way to facilitate trade, especially during the age of exploration when goods were transported across continents. As trade networks grew and diversified, the practice became formalized within trade agreements and customs regulations. Over time, reexporting has come to represent a strategic tool for businesses seeking to maximize their reach and efficiency in the global market. This term has gained significance in modern economics, particularly in discussions related to trade policies and international relations.