export

U.S. History

(verb)

To ship goods and services out of the port of a country.

Related Terms

  • import
  • plantation
  • yeoman
  • charter

(noun)

This term export is derived from the conceptual meaning to ship the goods and services out of the port of a country.

Related Terms

  • import
  • plantation
  • yeoman
  • charter
Economics

(noun)

Any good or commodity, transported from one country to another country in a legitimate fashion, typically for use in trade.

Related Terms

  • trade
  • investment
  • government spending
  • consumption
  • import
Business

(verb)

to sell (goods) to a foreign country

Related Terms

  • exporting
  • import

Examples of export in the following topics:

  • Exporting

    • Firms may choose to export products for several reasons.
    • A firm can export its products in one of three ways: indirect exporting, semi-direct exporting, and direct exporting.
    • Indirect exporting is a common practice among firms that are just beginning their exporting.
    • Such semi-direct exporting can be handled in a variety of ways: (a) a combination export manager, a domestic agent intermediary that acts as an exporting department for several noncompeting firms; (b) the manufacturer's export agent (MEA) operates very much like a manufacturer's agent in domestic marketing settings; (c) a Webb-Pomerene Export Association may choose to limit cooperation to advertising, or it may handle the exporting of the products of the association's members and; (d) piggyback exporting, in which one manufacturer (carrier) that has export facilities and overseas channels of distribution handles the exporting of another firm (rider) noncompeting but complementary products.
    • The exporting manufacturer conducts market research, establishes physical distribution, and obtains all necessary export documentation.
  • Exports: The Economic Impacts of Selling Goods to Other Countries

    • The seller of the goods and services is referred to as the "exporter. "
    • In order to protect exports, commercial goods are subject to customs authorities for both the exporting and importing countries.
    • The map shows the primary exporters for countries around the globe.
    • The colors indicate the leading merchandise export destination for the indicated country (the United States main export destination is the European Union).
    • Exporting is the act of shipping goods and services to other countries.
  • Brazil's Exports

  • Exporting

    • Export of commercial quantities of goods normally requires the involvement of customs authorities in both the country of export and the country of import.
    • Nonetheless, these small exports are still subject to legal restrictions applied by the country of export.
    • An export's counterpart is an import.
    • Barrels of oil exported per day in 2006.
    • Russia and Saudi Arabia exported more barrels than any other oil-exporting countries.
  • The Export-Import Bank of the United States

    • The Export-Import Bank of the United States (Ex-Im Bank) is the official export credit agency of the United States federal government.
    • The Export-Import Bank of the United States (Ex-Im Bank) is the official export credit agency of the United States federal government.
    • Generally, its programs are available to any American export firm regardless of size.
    • The Export-Import Bank of the United States focuses much of its energy and resources on providing support to small American businesses for export of American-made products
    • Explain the purpose of the Export-Import Bank of the United States (Ex-Im Bank)
  • Importing and Exporting

    • Nations export products for which they have a competitive advantage in order to import products for which they lack a competitive advantage.
    • In International Trade, "exports" refers to selling goods and services produced in the home country to other markets.
    • Export goods or services are provided to foreign consumers by domestic producers.
    • An import in the receiving country is an export to the sending country.
    • Exporting raw materials accounts for the funds spent on importing finished goods.
  • Importing

    • Therefore, they should export their sugar/coffee beans and import wheat at a lower cost than trying to grow wheat themselves.
    • The buyer of such goods and services is referred to as an "importer" and is based in the country of import whereas the overseas-based seller is referred to as an "exporter".
    • An import in the receiving country is an export to the sending country.
    • Imports, along with exports, form the basics of international trade.
    • Comparative advantage is a concept often applied to importing and exporting.
  • Balance of Trade

    • The balance of trade is the difference between the monetary value of exports and imports in an economy over a certain period.
    • The balance of trade (or net exports, sometimes symbolized as NX) is the difference between the monetary value of exports and imports of output in an economy over a certain period.
    • It is the relationship between a nation's imports and exports.
    • The cost of production (land, labor, capital, taxes, incentives, etc.) in the exporting economy vis-à-vis those in the importing economy
    • In export-led growth (such as oil and early industrial goods), the balance of trade will improve during an economic expansion.
  • Shipping and Transportation

    • Freight on board, or free on board (FOB): the exporter delivers the goods at the specified location (and on board the vessel).
    • Costs paid by the exporter include loading, securing, etc.
    • For example, C&F Los Angeles (the exporter pays the ocean shipping/air freight costs to Los Angeles).
    • Most governments ask their exporters to trade on these terms to promote their exports.
    • Cost, insurance, and freight (CIF): Insurance and freight are paid by the exporter to the specified location.
  • Other Barriers

    • Embargoes are prohibitions on trade ban imports or exports, and may apply to certain categories of products, or strictly to goods supplied by certain countries .
    • Export subsidies: Export subsidies are production subsidies granted to exported products, usually by a government.
    • With export subsidies, domestic producers can sell their commodities in foreign markets below cost, which makes them more competitive.
    • Countervailing duties: Countervailing duties, or anti-subsidy duties, are extra duties levied on imports in order to neutralize an export subsidy.
    • If a country discovers that a foreign country subsidizes its exports, and domestic producers are injured as a result, a countervailing duty can be imposed in order to reduce the export subsidy advantage.
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