← Dictionary

Export

What is an Export?

An export is the process of transporting locally produced goods from one country to another for future sales. Export is known to be one of the biggest components of international trade and is part of the criteria for measuring the economic value of a country.

If goods are brought in from overseas, the process is known as import.

The process of making a cross-border sales of goods or services from one country to the other is referred to as export.