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export
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An export in international trade is a good produced in one country that is sold into another country or a service provided in one country for a national or resident of another country. The seller of such goods or the service provider is an exporter; the foreign buyer is an importer. Services that figure in international trade include financial, accounting and other professional services, tourism, education as well as intellectual property rights.
An export is a product made in one country and sold to another country, or a service provided by one country to someone in another country. Exports matter because they represent economic activity and income for the country doing the selling, and they allow people and businesses around the world to access goods and services they need or want.
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11 sectionsContents
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An export in international trade is a good produced in one country that is sold into another country or a service provided in one country for a national or resident of another country. The seller of such goods or the service provider is an exporter; the foreign buyer is an importer. Services that figure in international trade include financial, accounting and other professional services, tourism, education as well as intellectual property rights.
Exportation of goods often requires the involvement of customs authorities.
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