What are exports:-
There are many and varied concepts of exports, and in this research, we will address the most famous existing definitions
for exports:- Exports are the export of goods and services from one country to another. They are products, commodities, or crops agricultural products that were produced in one country and sold to the other, and exports are considered as a component.
Natural and petroleum products and some countries have a wealth of timber or minerals, and some countries lack For these natural resources, from here there will be export and import from each other.
There is another definition of exports, which is the process of selling goods from one country to another there shall be an exchange of goods and merchandise in the international market.
Export Importance:-
It works to increase the foreign exchange reserves of the exporting countries.
Providing job opportunities and raising job wages for workers in the export sector.
Attracting foreign and domestic investment.
The export process leads to a high level of technical skills within the country or the exporting company.
Enhancing innovation and raising the level of technology to keep pace with the requirements of global markets.
For exporting countries, the export process contributes to increasing the domestic product.
In the exporting countries, they can increase their exports, and then the ability to cover the rate
imports, and thus a surplus in the trade balance, and vice versa for third countries source.
The recovery of foreign trade leads to support, job,s, and revenues in the transport sectors ports, and airports.
Leads to faster growth: Surveys conducted on large companies have confirmed and smaller alike that the exporting companies tend to achieve a faster growth rate in The company's total revenue and sales.
It helps to increase sales to exporting companies more than others. And companies or countries can the exporters face economic crises because the exporting companies achieve a higher growth rate revenue by increasing sales from the export process and having it in financial resources with greater possibilities to face economic stagnation in the local market.
Types of exports:-
Visible exports:-
these include exports of tangible goods that cross customs borders under the eyes of the customs authorities, such as wheat, cars..., and the movement of residents from one country to another resident abroad, their count customs lattes were previewed.
Invisible-Exports:
These are represented in services exports and include: transportation and communications, Travel, tourism, and residence outside the country are investment income, and it is noted that collecting data on exports
Services are a much more difficult matter than for exports of goods.
Temporary exports:
These are goods or funds that are exported abroad for a certain period, and then re-imported, including products to be presented at exhibitions and conferences, or International salons. Material, apparatus, or work machinery necessary to carry out work tasks abroad or at work subcontracting framework. Sending equipment and machinery for repair abroad.
Final exports:
These are those goods and services that are finally exported its relationship with the exporter is terminated as soon as he fulfills his contractual obligations with the importer.
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