Merchanting services

Exports of merchanting services and other trade-related services are normally conducted by enterprises that import goods and receive fees from foreign enterprises for the importing of the goods to Finland. Imports of trade-related services take place when a Finnish enterprise pays to a foreign enterprise compensation for marketing and distributing the Finnish company's products abroad.

Other foreign trade-related services cover commissions on goods and service transactions between resident merchants, commodity brokers, dealers, and commission agents and non-residents. This item also includes transactions in ships, aircraft, and sale of goods by auction. The income received from the service is entered under exports of services. The compensation paid for the service is entered under imports of services irrespective of the direction of the stream of goods.

Merchanting can also cover the purchase by a resident of the compiling economy of goods from a non-resident, and subsequent resale of the goods to another non-resident. During the process, the goods neither enter nor leave the compiling economy.