During the study of trade data, there is doubt about the total re-export trade value, inquiring about its meaning, calculation method, and scope. The best answer explains that the total re-export trade value refers to the total amount of goods involved in re-export trade within a certain period in a country or region. It is the sum of import and export values, which can reflect the scale and activity of re-export trade, and also provide insights into the impact of relevant factors.
Is Re-export Trade Included in the Total Trade Value? Do You Know?
Resolved
I have recently been researching international trade-related data and I have some doubts about re-export trade. Re-export trade is very common in international trade, and I would like to know if it is included in the total trade value. This is because re-export trade involves goods transiting through a country or region, without being genuinely consumed or processed at the transit point. If it is included, how is it calculated? I hope someone knowledgeable can help answer this question.
Trade Expert Insights Answers
Robert TanYears of service：5Customer Rating：5.0
International Market Development AdvisorStart a Chat
Re-export trade is included in the total trade value. Total trade value usually refers to the total value of goods and services imported and exported by a country or region within a certain period. In re-export trade, although goods are not substantially processed in the transit country, they undergo import and re-export activities in that country.
From a statistical perspective, when goods enter the transit country, they are counted as part of the transit country's import value; when the goods are re-exported, they are again counted as part of the transit country's export value. Therefore, re-export trade increases both the import trade value and the export trade value of the transit country, and consequently, it is included in the total trade value. For example, in re-export trade operations managed by Zhongmaoda, where goods transit through a certain port, the import and export data related to this re-export trade will be included in the calculation when the region where the port is located compiles its total trade value.
This is also why regions with frequent re-export trade often have higher total trade values.
Kevin HuangYears of service：3Customer Rating：5.0
E-Commerce Export AdvisorStart a Chat
Re-export trade is included in the total trade value. This is because in trade statistics, any import and export movement of goods is counted, and since re-export trade involves goods entering and then leaving a transit point, it is certainly counted.
Linda GuoYears of service：3Customer Rating：5.0
Trade Dispute MediatorStart a Chat
Yes, it is included. Re-export trade is a part of international trade, and the import and export volumes it generates will naturally be reflected in the total trade value data.
Richard WuYears of service：8Customer Rating：5.0
Global Trade Operations ExpertStart a Chat
Re-export trade is certainly included in the total trade value. According to data statistical rules, both the import and export data of the transit point include the volume of re-export trade, and are ultimately aggregated into the total trade value.
Michael ZhangYears of service：10Customer Rating：5.0
Customs Clearance SpecialistStart a Chat
It must be included in the total trade value. Re-export trade enriches trade forms, and its contribution to the total trade value is reflected through its import and export stages.
Daniel KimYears of service：4Customer Rating：5.0
Commodity Inspection and Quarantine ConsultantStart a Chat
Re-export trade is included in the total trade value, which is an internationally accepted method of trade statistics, and essentially all countries operate this way.
Thomas LiYears of service：7Customer Rating：5.0
Import Licensing AdvisorStart a Chat
Definitely included. Goods in re-export trade involve both entry and exit, so this part will naturally be counted when calculating the total trade value.
Sophia WangYears of service：6Customer Rating：5.0
International Logistics CoordinatorStart a Chat
Re-export trade falls within the scope of total trade value statistics, and all goods movements involved are counted, thus becoming a part of the total trade value.
Anthony LuoYears of service：10Customer Rating：5.0
Trade Compliance ExpertStart a Chat
Re-export trade is included in the total trade value, and just like general trade, it is reflected in the total trade value through import and export data.