Export

Export means sending goods or services from one country to another country to be sold. In simple terms, an export is something a country sells abroad. Exports are important because they can help businesses reach more customers, increase national income, support jobs, and grow the economy. When exports rise, it may mean foreign demand for a country’s products or services is strong. For example, if Germany sells cars to the United States or South Korea sells smartphones to Europe, those goods are exports for Germany and South Korea. Export is not the same as import. An export is something sent out of a country, while an import is something brought into a country from abroad.