exporting

Examples of exporting in the following topics:

• Exporting

  • Firms may choose to export products for several reasons.
  • A firm can export its products in one of three ways: indirect exporting, semi-direct exporting, and direct exporting.
  • Indirect exporting is a common practice among firms that are just beginning their exporting.
  • Such semi-direct exporting can be handled in a variety of ways: (a) a combination export manager, a domestic agent intermediary that acts as an exporting department for several noncompeting firms; (b) the manufacturer's export agent (MEA) operates very much like a manufacturer's agent in domestic marketing settings; (c) a Webb-Pomerene Export Association may choose to limit cooperation to advertising, or it may handle the exporting of the products of the association's members and; (d) piggyback exporting, in which one manufacturer (carrier) that has export facilities and overseas channels of distribution handles the exporting of another firm (rider) noncompeting but complementary products.
  • The exporting manufacturer conducts market research, establishes physical distribution, and obtains all necessary export documentation.

• Exporting

  • Export of commercial quantities of goods normally requires the involvement of customs authorities in both the country of export and the country of import.
  • Nonetheless, these small exports are still subject to legal restrictions applied by the country of export.
  • An export's counterpart is an import.
  • Barrels of oil exported per day in 2006.
  • Russia and Saudi Arabia exported more barrels than any other oil-exporting countries.

• The Export-Import Bank of the United States

  • The Export-Import Bank of the United States (Ex-Im Bank) is the official export credit agency of the United States federal government.
  • The Export-Import Bank of the United States (Ex-Im Bank) is the official export credit agency of the United States federal government.
  • Generally, its programs are available to any American export firm regardless of size.
  • The Export-Import Bank of the United States focuses much of its energy and resources on providing support to small American businesses for export of American-made products
  • Explain the purpose of the Export-Import Bank of the United States (Ex-Im Bank)

• Importing and Exporting

  • Nations export products for which they have a competitive advantage in order to import products for which they lack a competitive advantage.
  • In International Trade, "exports" refers to selling goods and services produced in the home country to other markets.
  • Export goods or services are provided to foreign consumers by domestic producers.
  • An import in the receiving country is an export to the sending country.
  • Exporting raw materials accounts for the funds spent on importing finished goods.

• Importing

  • Therefore, they should export their sugar/coffee beans and import wheat at a lower cost than trying to grow wheat themselves.
  • The buyer of such goods and services is referred to as an "importer" and is based in the country of import whereas the overseas-based seller is referred to as an "exporter".
  • An import in the receiving country is an export to the sending country.
  • Imports, along with exports, form the basics of international trade.
  • Comparative advantage is a concept often applied to importing and exporting.

• Balance of Trade

  • The balance of trade is the difference between the monetary value of exports and imports in an economy over a certain period.
  • The balance of trade (or net exports, sometimes symbolized as NX) is the difference between the monetary value of exports and imports of output in an economy over a certain period.
  • It is the relationship between a nation's imports and exports.
  • The cost of production (land, labor, capital, taxes, incentives, etc.) in the exporting economy vis-à-vis those in the importing economy
  • In export-led growth (such as oil and early industrial goods), the balance of trade will improve during an economic expansion.

• Shipping and Transportation

  • Freight on board, or free on board (FOB): the exporter delivers the goods at the specified location (and on board the vessel).
  • Costs paid by the exporter include loading, securing, etc.
  • For example, C&F Los Angeles (the exporter pays the ocean shipping/air freight costs to Los Angeles).
  • Most governments ask their exporters to trade on these terms to promote their exports.
  • Cost, insurance, and freight (CIF): Insurance and freight are paid by the exporter to the specified location.

• Absolute Advantage and the Balance of Trade

  • In the drive for international trade, it is important to understand how trade affects countries positively and negatively—both how a country's imports and exports affect its economy and how effectively the country's ability to create and export vital goods effects the businesses within that country.
  • The balance of trade (or net exports, sometimes symbolized as NX) is the difference between the monetary value of exports and imports in an economy over a certain period.
  • A positive balance is known as a trade surplus if it consists of exporting more than is imported; a negative balance is referred to as a trade deficit or, informally, a trade gap.
  • The European Free Trade Agreement has helped countries international trade without worrying about absolute advantage and increases net exports.

• The stages of going international

  • Second, these are not necessarily sequential steps, even though exporting is apparently most common as an initial entry.
  • For small-and medium-sized firms in particular, exporting remains the most promising alternative to a full-blooded international marketing effort, since it appears to offer a degree of control over risk, cost, and resource commitment.
  • Indeed, exporting, especially by the smaller firms, is often initiated as a response to an unsolicited overseas order-these are often perceived to be less risky.

• The Argument for Barriers

  • But it is also true that workers in export industries benefit from trade.
  • It is also true that national security could be compromised by the export of certain dual-use products that, while commercial in nature, could also be used to produce products that might confer a military advantage to U.S. adversaries.
  • Controlling such exports is clearly justified from a national security standpoint; but, it does come at the cost of lost export sales and an economic loss to the nation.
  • Minimizing the economic welfare loss from such export controls hinges on a well- focused identification and regular re-evaluation of the subset of goods with significant national security potential that should be subject to control.
  • KITA attempts to protect South Korean producers while finding international export markets.