Export

Export refers to the process of selling goods or services produced in one country to customers located in another country. Exports play an important role in the global economy as they facilitate the exchange of goods and services across borders, allowing countries to specialize in certain industries and access new markets.

Exporting can benefit companies by increasing their customer base and revenue, and it can also benefit countries by promoting economic growth and job creation. However, exporting also involves risks such as changes in currency values, political instability, and regulatory barriers.