Okuzeka
International Trade vocabulary · Import and Export

Export

Meaning in international trade, with examples

/ˈekspɔːrt/nounCore term

In international trade, export means: The sale of goods or services to buyers in another country; also a product that is sold abroad in this way.

In Turkish: ihracat, ihraç, ihraç ürünü

How it is used

Used all the time in trade, customs and statistics: export sales, export markets, export documents. As a verb (to export) it means to sell abroad. The plural 'exports' often means the total value of goods a country or company sells abroad.

Example sentences

  1. Exports to Germany grew by 12 percent last year.

  2. We export about 70 percent of our production to Europe and the Middle East.

  3. Can you prepare the export documents for Friday's shipment?

Common collocations

  • export market
  • export sales
  • export documents
  • export declaration
  • boost exports
  • importThe purchase of goods or services from sellers in another country and bringing them in; also a product that is bought from abroad.
  • exporterA person or company that sells goods to buyers in other countries and usually handles the export side of the shipment.
  • export licenseAn official permission from a government that a company needs before it can export certain controlled goods, such as dual-use items, military goods or some chemicals.
  • customs declarationThe official form, usually submitted electronically, in which a company tells customs what goods it is importing or exporting, with their value, origin and classification.

This word in other fields

The same English word can have a different meaning in another field:

More terms: Import and Export

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