Export and Import

It is regarded as one of the most important business concepts and today many companies are active in the field of export and import.

If you intend to transfer goods or products from the customs office of origin to the destination country, this activity is called export in the term of international trade. Of course, you should note that exporting is a complex process and you, as an exporter, must first find the desired customers for your product in the destination country and then decide to exchange the desired product based on the commercial laws of the two countries of origin and destination.

 

How to export

To export a product, it is necessary to have a commercial card. At first, this card must be received from the Ministry of Commerce, and then every natural and legal entity is able to export the desired product to the destination country.

 

Export benefits

You can earn good foreign exchange income by sending your product to the destination countries, and if you are satisfied with the sales of your product inside, you will be able to sell your products easily. Therefore, it is always recommended that you first get a good understanding of the markets of different countries so that you can easily export and import with the respective country.

 

Types of exports

In many cases, companies are present in the market of the destination country, and as a result, they assume various export duties, from accepting incoterms rules, to items related to product insurance, transportation, and costs. Companies that undertake such tasks have started direct exports.

Direct export has various forms. Export agents, representatives of sales branches abroad, various marketing and mail order are among the different forms of direct export. This type of export has a very high risk, so companies that export directly have a significant competitive advantage. On the opposite side is indirect export, which is suitable for companies that have recently started their activities or do not have a significant competitive advantage. In this type of export, the desired company communicates with the company of the destination country and exports its goods based on specific instructions. Commercial companies, export management companies and export cooperative organizations from companies are among the methods available in indirect export.

 

Definite export

 Exporting parts means sending goods outside the customs area, and it is enough for the originating company to pay the customs fees.

 

Temporary export

 In some cases, companies temporarily send some products such as machinery abroad, and after some time, this product is returned to the country, which is called temporary export in commercial terms.

 

Definitive non-commercial export

In some cases, companies deliver their desired product to the destination by mail or passenger, which is called non-commercial definitive export.

 

Re-export

 In some cases, goods or products may enter the destination country from another country and then be exported to another geographical border, which we call this type of re-export.

 

Importation

Not all countries have the ability to produce consumer goods and products. Therefore, they import many of their products and services from countries that have sufficient production in that field. On the other hand, the price of goods and products in another country may be cheaper than in your own country, in such cases, it is not profitable to produce that product and it is better to import it. Importing has significant advantages, which we mention below.

If the amount of export and import is equal, importing different products and goods can help employment and this will lead to economic prosperity.

In many cases, there may not be a product or product in the country, and as a result, the import of the desired product will eliminate the need for that product or product, and this will make the people of the society enjoy better welfare and in To achieve the result of progress in the country.

If a country’s exports are more than its imports, the balance and trade balance will be disrupted, so as a result, the country must have adequate imports so that the best state of the economy, i.e. balance, is established.