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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 ?
He also called for restoring the role of trade associations in the DDT Order 2017-18 that would ensure smooth implementation of the PM package for exporters.
Sheikh Luqman Amin lamented that value-added textile exporters were battling hard for their survival in the global market in the face of severe competition with the regional countries.
Failed exporters perceive external export barriers as significantly higher than all other group of companies.
Turkish exporters pay input costs mostly in dollars while they get paid in euros, which have also been losing value against the greenback.
SME Exporter Award: | for businesses that have a turnover of up to PS25m and can demonstrate exceptional achievement in exports.
This likely reflects typically large fiscal buffers for oil exporters that allow policymakers to implement measures dampening the economic impact of the price shock.
As per Customs Department data, 3650 exporters of all scales were active in 2013 which included both EDB registered and non-registered exporters.
Mohanty noted that exporters will become competitive, with these facilities.
The Second Pilot Project is under the direct supervision of BOC's Assessment and Operations Coordinating Group, which would determine or approve participating exporters and grant the status of certified exporter.
The Supreme Award and Westpac Exporter of the Year Award (sales over $35 million) went to Temperzone.
Turkish Exporters Assembly (TIM) and Turk Eximbank signed Thursday a protocol on "foreign exchange options operations" in an effort to help exporters protect their export receivables against the risks of the floating rate regime.
Summary: BEIRUT: Lebanese apple exporters called on the Lebanese state Monday to compensate them for losses incurred during the Egyptian revolt that has all but shut down that country's economy over the last two weeks.