Q.What is trade?

Entrepot trade means importing goods from one country and then re-exporting them to another country, rather than consuming them at home; it is also called re-export trade.

Entrepot trade is a type of foreign trade in which goods are imported from one country not for use in the importing country but for the purpose of re-exporting them to some other country, sometimes after minor processing, grading or re-packing. Thus it is a combination of import and export. For example, if goods are brought into India from Japan and then sold and exported to Sri Lanka, it is entrepot trade. Countries with well-developed ports and trade faciliti …

Entrepot trade, or re-export trade, is the purchase of goods from one foreign country and their re-export to a third country, rather than consuming them domestically.

Entrepot trade is a type of foreign trade in which goods are imported from one country and then re-exported to another country. The goods are not meant for consumption in the importing country; they are brought in, sometimes lightly processed, repacked or stored, and then sent abroad. It is therefore also called re-export trade. Such trade flourishes in countries with good ports, warehousing and connectivity. For example, if a trader in India imports electronic goods from Japan and re-exports them to Sri Lanka or Nepal, it is entrepot trade. This classific …