Concept information
Preferred term
exports
Definition
- Export is a process in which products are shipped or sent from one country to another country for the purpose of trade or sale; it is the opposite of import. For example, Company A located in the United States sells and sends its products from the United States to Company B located in Germany; in this case, Company A is said to export its products, whereas Company B is said to import (buy from another country) the products of Company A. Export is not restricted to only physical goods; services can also be exported. [Source: Encyclopedia of Business in Today's World; Export]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/exports
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