export

(redirected from exporter)
Also found in: Dictionary, Thesaurus, Medical, Legal, Idioms, Encyclopedia, Wikipedia.

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 ?
Scottish Exporter of the Year, Sponsored by Scottish Development International: Framgord
Consequently, if an exporter intends to emphasize transaction features on its site, then the corresponding website design should be more advanced.
last year electrical equipment maker A-Belco was crowned the overall winner as well as SME Exporter of the Year - a night of double success for the Ashington-based rm.
As per Customs Department data, 3650 exporters of all scales were active in 2013 which included both EDB registered and non-registered exporters.
Accreditation as certified exporter may be revoked if the exporter no longer offers the guarantees and fulfils the conditions and violates the order, according to CAO 06-2013.
Forty years after starting his business, self-made man Sir Ken Stevens has won the inaugural Exporters Champion for Exemplary Services to Export Award, and was honoured at the recent Air New Zealand Cargo ExportNZ Auckland Awards 2012.
ISTANBUL, Mar 31, 2011 (TUR) -- Turk Eximbank, the export credit bank of Turkey, has announced that it would provide 11 billion USD of assistance to Turkish exporters in 2011.
The premium dessert manufacturer received the award at London's Landmark Hotel, along with the New Exporter of the Year accolade for its success in developing the brand in France, where it has a turnover of 10m [pounds sterling].
market began more recently and has resulted in a concentration of exporter underwriters.
The protocol states that an importing nation would have to give its explicit consent before an exporter can send it living modified organisms--like seed corn--that would be introduced into the environment.
Because of the complexity inherent in international trade, it is also a good idea for the exporter to get their bank involved at the very beginning of the transaction.