In common word exporting is concerned with the selling of domestic made goods in another country. In detail definition of export is send something it may be product or service to different country rather then own country for making profit in business.
Definition of export
According to P.H. Collin, “Export means goods sent to a foreign country”.
According to Y.P. Sing and M. Saeed, “Export means any goods or services sold to a foreign country. Exporter refers to a merchant who either purchases goods or produces in his home country for sale abroad, or who acts as an agent for home producers, arranging for the dispatch of their produce to an importer in a foreign country for sale there for the best price the importer can get.”
Related Content of Import-Export:
- What is the Definition of Import?
- General Procedure of Import Trade
- Documents used in Import Trade
- Stages of Export Involvement
- Procedures for Export Trade
- Documents used in Export Trade
- Standard Terms of Sale