File:Value_of_imported_goods_and_services,_World,_2024_(cropped).svg · Wikimedia Commons · See Wikimedia Commons
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Sign in to saveAlso known as importing
thumb|Geiger-cars, which imports cars from North America to Europe, is called an importer. Import is the activity within international trade which involves buying and receiving goods and services produced in another country. An importer is a person, organization or country receiving imported goods which have been exported from another country. Importation and exportation are the defining financial transactions of international trade. The seller of such goods and services is called an exporter.
Import is the activity of buying and receiving goods and services that are produced in another country. It matters because importation and exportation are the fundamental financial transactions that make international trade possible.
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