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What is Import & Export?

So, you have made your mind to expand your business globally and get into import and export therefore, this is the time that you should learn the basics of import export. In general importing and exporting refers to transacting a certain commodity from one country to other while taking care of all the governing laws and regulations.

All those goods, raw material, accessories, equipment, parts, spares etc that are manufactured in any country other than the buying country are all categorized under the heading of imports. To import goods from any destination you should fulfill not only your own country legal requirements but also the international laws and any specific law of country from where goods are being imported.

When one good is moved from the country it has been manufactured to the some other country than it termed as export. A company who is the manufacture can export, an agent can export, a reseller can export even anyone who has the license and understanding international laws can export goods from one country to another.
What is Import & Export?

Posted by: Murad on Feb 13 2012

Tags: Business

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