Re-importation is he process and result of re-importing. East verb, for its part, refers to what a nation does when import what, previously, it had exported.
It can be said that re-importation implies the return of a merchandise to its country of origin, after it has been exported. The merchandise, therefore, makes a round trip: it leaves a country X, arrives in a country Z and then go back to the country X.
The re-importation process begins when the country X export a merchandise to a country Z (in other words: the country Z import a merchandise from the country X). Later, the country Z exports the merchandise in question to the country X, which re-imports it.
In general, re-importation makes it possible to return the merchandise to a certain customs territory without having to pay again. taxes. It is important to note that, for this tax exemption, re-importation must imply that the merchandise returns in the same condition, not transformed.
Sometimes there is also talk of re-importation when the returned product is transformed. That is the case of a country that exports crude oil and then imports refined oil. Although some experts speak of re-importation, the truth is that what returns is a different product: therefore it would not be a re-importation, but the importation of another product.
In addition to all the above, we must establish some more interesting data related to re-importation, among which are these:
-It is considered that this process has to be carried out within a maximum period of three years from the date established for export.
-It is essential that the identity of the goods object of the process is perfectly clear and delimited.
-Each country will establish the documentation that is necessary to have in order to conveniently accept re-importation.
-It is essential that the merchandise in question has documentation or accreditation where there is evidence of the control that has been followed over it, specifically from a health point of view.
In the event that the re-importation is carried out with products of animal origin, in order to ensure health, much stricter guidelines will be established in terms of controls and documentation. Hence, for example in Spain, the need to strictly comply with these measures is determined:
-You must have a health certificate of origin, where it must be recorded that the merchandise has not been tampered with and that it has undergone optimal storage and transport conditions.
-Both identity and documentary checks will be undertaken.
-As for what is transport, it is necessary that the merchandise travel in vehicles and containers that are supervised and duly prepared, without forgetting that the latter must be sealed in order to prevent it from suffering alterations of any kind that are a health hazard.
Re-importation in the strict sense of the concept can take place when a country exports the entire stock of a product and then it is no longer available in the domestic market. Thus, those who wish to access the product in question are forced to re-import it.