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International Trade vocabulary · Import and Export

Importer

Meaning in international trade, with examples

/ɪmˈpɔːrtər/nounCore term

In international trade, importer means: A person or company that buys goods from another country and brings them in, usually paying the import duties and taxes.

In Turkish: ithalatçı, ithalatçı firma

How it is used

Used in contracts, customs and logistics. The importer is usually the consignee on transport documents and the declarant or 'importer of record' at customs. Under DDP the seller takes over many of these duties.

Example sentences

  1. The importer has to pay VAT and customs duty before the goods are released.

  2. We are looking for an importer in Poland who can also handle distribution.

Common collocations

  • importer of record
  • exclusive importer
  • authorized importer
  • act as the importer
  • 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.
  • consigneeThe person or company named on a transport document as the one who will receive the goods at destination.
  • DDPDelivered Duty Paid: an Incoterms rule in which the seller delivers the goods to the named place in the buyer's country, cleared for import and with all duties and taxes paid.
  • distributorA company that buys products from a manufacturer or exporter and resells them in a particular market or region, usually holding its own stock.

More terms: Import and Export

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