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Export

A good produced in one country and sold to a customer in another country. Exports bring money into the producing country; for that reason, many economists believe that a nation's proper balance of trade means more exports are sold than imports bought. Exports may be difficult to sell in some countries, as the importers may put up various protectionist measures such as import quotas and tariffs. Most governments seek to promote exports, while they have differing positions on imports. See also: Free trade, NAFTA.

export

A good or service that is produced in one country and then sold to and consumed in another country. Because many companies are heavily dependent on exports for sales, any factors such as government policies or exchange rates that affect exports can have significant impact on corporate profits. Compare import. See also balance of trade.

export

  1. a good which is produced in the home country and which is then physically transported to, and sold in, an overseas market earning foreign exchange for the home country (visible export).
  2. a service which is provided for foreigners either in the home country (for example visits by tourists) or overseas (for example banking, insurance) which likewise generates foreign exchange for the home country (invisible export).
  3. capital which is placed abroad in the form of portfolio investment, foreign direct investment in physical assets, and banking deposits (capital export). See FOREIGN INVESTMENT.

    Together these items comprise, along with IMPORTS, a country's BALANCE OF PAYMENTS. See INTERNATIONAL TRADE, EXPORTING, EXPORT CREDIT GUARANTEE DEPARTMENT, EXPORT RESTRAINT AGREEMENT, EXPORT SUBSIDY.

Exportclick for a larger image
Fig. 68 Export. (a) UK goods and services exports, 2003.

(b) Geographical distribution of UK goods/services exports, 2003. Source: UK Balance of Payments, ONS, 2004.

export

a good, service or capital asset that is sold to foreign countries. (i) A good that is produced in the home country and is then physically transported to, and sold in, an overseas market, earning foreign exchange for the home country, is called a visible export. (ii) A service that is provided for foreigners either in the home country (for example, visits by tourists) or overseas (for example, banking, insurance) which likewise generates foreign exchange for the home country is called an invisible export. (iii) Capital that is placed abroad in the form of portfolio investment, foreign direct investment in physical assets and banking deposits is called a capital export. Exports are important in two main respects:
  1. together with IMPORTS they make up a country's BALANCE OF PAYMENTS - a country must export in order to finance (‘pay for’ in foreign currency terms) its imports. The combined net payment figures (exports minus imports) for (i), (ii) and (iii) are shown in Fig. 13 (a), BALANCE OF PAYMENTS entry.
  2. they represent an ‘injection’ into the CIRCULAR FLOW OF NATIONAL INCOME, serving to raise real income and output. In 2003, exports accounted for 20% of gross final expenditure (GFE) on domestically produced output (GFE minus imports = GROSS NATIONAL PRODUCT). See Fig. 133 (b) , NATIONAL INCOME ACCOUNTS entry Fig. 68 gives details of the product composition and geographical distribution of UK (merchandise) goods exports in 2003. See Fig. 84 , for comparable import data (IMPORT entry). See INTERNATIONAL TRADE, EXPORT MULTIPLIER, C.I.F. ( COST- INSURANCE-FREIGHT), F.O.B. ( FREE-ONBOARD), CERTIFICATE OF ORIGIN, INSURANCE, FACTORING, FORFAITING, EXPORT SUBSIDY, EXPORT RESTRAINT AGREEMENT, FOREIGN INVESTMENT, EXCHANGE RATE, EXCHANGE RATE EXPOSURE, TERMS OF TRADE.
References in periodicals archive ?
Power said Fortescue supported any measure to develop the Australian mining industry including the exportation of uranium to India.
These difficulties have notably to do with issues pertaining to authorisation, relations between producers (farming) and manufacturers (industrialists) with ITCs, ICTs' weak representativeness within inter-professional groupings, financing and payment modes in currency, technical control of merchandises, customs procedures and ITCs' low contribution in national exportations.
If not for a successful combination of recycling and waste-to-energy technologies, the exportation of garbage would be a reality for the town of Islip," noted Peter Daily, recycling coordinator for the Islip Resource Recovery Agency.
Exports of food industries, engineering and electricity goods, weaving, chemical and construction material, however, fell short for the exportation target.
Head of the trade department at the National Center for Agricultural Policies Mohammad Babili said that cumin is an important crop as it can be cultivated in dry areas and places where there's limited rainfall, noting that local cumin consumption in 2012 was around 44% of production, leaving more than half of the crop for exportation.
Les exportations des produits pharmaceutiques ont progresse de 8,6 PC durant les sept premiers mois de 2013 (passant de 486 millions de dirhams (43,57 millions d'euros) a 528 millions de dirhams (47,34 millions d'euros), tandis que les exportations du secteur electronique ont grimpe de 9,4pc de 4,2 millions de dirhams (380 000 euros) a 4,6 millions de dirhams (410 000 euros).
1622(d)), I am continuing for 1 year the national emergency authorizing the blocking of property of certain persons and prohibiting the exportation or re-exportation of certain goods to Syria.
NNA - Economy and Trade Minister, Alain Hakim, explained that his ministry is working nowadays on opening new markets for Lebanese industrial and agricultural products and activating the exportation of Lebanese products to foreign markets.
Mohammad Zafer Mihbek, issued on Saturday a decision on forming the Rapid-Intervention Office with the aim of simplifying exportation procedures for economic figures and easing their suffering because of the economic sanctions imposed on Syria.
According to the trade department, this development is due to the increase in the exportation of farming produce and processed-food industries (35.
The different formulas of western or Islamic financing are topping the agenda of the meeting as well as a presentation of the services of investment guarantee provided by the Islamic Investment Insurance Company and credits to exportation "ICIEC" and the Inter-Arab company of investments guarantee and exportations insurance "Dhaman".
En moyenne sur toute la periode de l'etude (1998-2012 hors 2009), la croissance des exportations a ete, essentiellement, soutenue par l'intensification des ventes des produits d'exportation existants sur les marches d'exportation deja explores a hauteur de 212%, et par l'exportation des produits existants vers les marches deja explores mais qui n'ont jamais fait l'objet de l'exportation de ces produits, a hauteur de 42%, explique de DEPF, dans cette etude sur [beaucoup moins que]la dynamique des exportations marocaines : marges intensives et extensives[beaucoup plus grand que].