Export vs. Import

By Jaxson

Main Difference

The main difference between Export and Import is that the Export is a shipping the goods and services out of the port of a country and Import is a good brought into a jurisdiction

  • Export

    An export in international trade is a good or service produced in one country that is bought by someone in another country. The seller of such goods and services is an exporter; the foreign buyer is an importer.Export of goods often requires involvement of customs authorities. An export’s reverse counterpart is an import.

  • Import

    An import is goods brought into a jurisdiction, especially across a national border, from an external source. The party bringing in the good is called an importer. An import in the receiving country is an export from the sending country. Importation and exportation are the defining financial transactions of international trade.

    In international trade, the importation and exportation of goods are limited by import quotas and mandates from the customs authority. The importing and exporting jurisdictions may impose a tariff (tax) on the goods. In addition, the importation and exportation of goods are subject to trade agreements between the importing and exporting jurisdictions.

Wikipedia
  • Export (adjective)

    of or relating to exportation or exports

  • Export (noun)

    something that is exported

    “Oil is the main export of Saudi Arabia.”

  • Export (noun)

    the act of exporting

    “The export of fish is forbidden in this country.”

  • Export (verb)

    to carry away

  • Export (verb)

    to sell (goods) to a foreign country

    “Japan exports electronic goods throughout the world.”

  • Export (verb)

    to cause to spread in another part of the world

  • Export (verb)

    : to send (data) from one program to another

  • Export (verb)

    to put up (a child) for international adoption.

  • Import (noun)

    Something brought in from an exterior source, especially for sale or trade.

  • Import (noun)

    The practice of importing.

  • Import (noun)

    Significance, importance.

    “It was a matter of great import.”

  • Import (verb)

    To bring (something) in from a foreign country, especially for sale or trade.

    “export”

  • Import (verb)

    To load a file into a software application from another version or system.

    “export”

    “How can I import files from older versions of this application?”

  • Import (verb)

    To be important; to be significant; to be of consequence.

  • Import (verb)

    To be of importance to (someone or something).

  • Import (verb)

    To be incumbent on (someone to do something).

  • Import (verb)

    To be important or crucial to (that something happen).

  • Import (verb)

    To mean, signify.

  • Import (verb)

    To express, to imply.

Wiktionary

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