Shuttle trade

According to the OECD defininion, shuttle trade is "the activity in which individual entrepreneurs buy goods abroad and import them for resale in street markets or small shops.

"[1][2][3] Shuttle traders (Russian: челноки, romanized: chelnoki, lit.

'shuttles'; Ukrainian: човники, romanized: chovniki) were people engaged in the practice of shuttle trade in late Soviet Union and post-soviet states in which traders shuttle backwards and forwards in and out of the country buying goods and then selling them within the country.

[5][6][7][8][9] Shuttlers may carry goods for sale in both directions, and it is often a contraband, based on loopholes in import laws.

For example, in 2007 it was reported that a St. Petersburg<->Finland shuttler earns 400-600 Euros per trip on average.

A monument to shuttle traders in China