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SHUTTLE TRADE

Statistics Directorate    
Definition:
Shuttle trade refers to the activity in which individual entrepreneurs buy goods abroad and import them for resale in street markets or small shops. Often the goods are imported without full declaration in order to avoid import duties.

Source Publication:
Measuring the Non-Observed Economy: A Handbook, OECD, IMF, ILO, Interstate Statistical Committee of the Commonwealth of Independent States, 2002, Annex 2, Glossary.

Hyperlink:
http://www.oecd.org/dataoecd/9/20/1963116.pdf

Statistical Theme: International trade statistics

Created on Tuesday, September 25, 2001

Last updated on Wednesday, February 04, 2004