What is export and examples?

Question

The definition of an export is something that is shipped or brought to another country to be sold or traded. An example of export is rice being shipped from China to be sold in many countries.

What are some examples of exports?

These are the top US exportsTop U.S. goods exports.Food, beverage and feed: $133 billion. ... Crude oil, fuel and other petroleum products: $109 billion. ... Civilian aircraft and aircraft engines: $99 billion. ... Auto parts, engines and car tires: $86 billion. ... Industrial machines: $57 billion.Passenger cars: $53 billion.These are the top US exports - CNN Business

What is export and import with example?

Exporting is defined as the sale of products and services in foreign countries that are sourced or made in the home country. Importing is the flipside of exporting. Importing refers to buying goods and services from foreign sources and bringing them back into the home country.

What is export explain?

Export refers to a product or service produced in one country but sold to a buyer abroad. Exports are one of the oldest forms of economic transfer and occur on a large scale between nations.

What is an example of import?

The definition of import is to introduce or bring goods from one country to be sold in another. An example of import is introducing a friend from another country to deep fried Twinkies. An example of import is a shop owner bringing artwork back from Indonesia to sell at their San Francisco shop.

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