Page 7 - eBook: EXIM for Beginner

1.1 Export And Import In International Business

What is Export?

Goods and services produced in one country

and purchased by people of another country. It

makes no difference what the product or service is.

It makes no difference how it is delivered. It can be

sent, emailed, or carried on a plane as personal

luggage. It is an export if it is made in Malaysia

and sold to someone in another country.

Exporter is a person, country,

or business that sells goods to another country.

Exporting refers to the selling of goods and

services from the home country to a foreign nation.