Re-export is a foreign trade transaction in which the exporter resells goods purchased (imported) from abroad, to another country. According to the time of the sale and purchase, we distinguish between secured and unsecured transactions – in the former case, the purchase and the sale take place at the same time, while in the latter case, the purchase and the sale differ in time.

For the purposes of EXIM Hungary, any export activity in which goods procured from abroad are resold without any substantial reworking (further processing) or adding of value in the country of import is considered a re-export, and as such, does not qualify as a transaction that can be financed or insured. A product is deemed to have undergone substantial rework when the imported goods are sold-on under a different customs tariff number.