Exports


Also found in: Dictionary, Thesaurus, Legal, Idioms, Encyclopedia.

Exports

Goods or services sold to parties in foreign countries.

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.
References in periodicals archive ?
However, more meat was exported to China instead of traditional markets such as the United States.
The exports of cotton cloth during the the period under review had recorded about first month of, recording 0.25% negative growth, the data revealed.
On yearly basis, the export of electric fans jacked up by 44.53% in June 2019 as compared to same month of last year while on month-on-month basis, the export witnessed a decline of 12.2% against the export recorded in May 2019.
What is more worrying is that food exports have oscillated between $3.7bn and $4.8bn during the past seven years.
Among other countries, Pakistani exports to United Arab Emirates (UAE) stood at $1372.045 million against $1381.806 million during last year, showing decrease of 0.70 percent while the exports to Germany were recorded at $1303.671 million against $1365.495 million last year, the data revealed.
Sequentially, textile exports dropped by 14.5% MoM, where once again there were massive slumps in all major categories led by yarn (-27.6% MoM), knitwear (-16.4% MoM) and readymade garments (-14.8% MoM).
Meanwhile, during the period under review the exports of Basmati rice also grew by 9.87%.
"I invite SMEs to take advantage of this opportunity and learn from exports success stories.
"We are on target in so far as total exports is concerned," he said.
Big companies will continue to dominate the Philippine export industry as the majority of small and medium enterprises (SMEs) do not intend to export in the future, according to a survey by the Rizalino S.
Exports receipts only comprised 7.7 percent of the overall size of the economy, the fastest growth in exports was recorded to Sri Lanka, increasing 35.6 percent to $339 million, followed by Afghanistan which grew 30 percent to $1.5 billion.
Exports to the US stood at $3.18 billion while to the UK they amounted to $1.47 billion.