The Difference Between Imports and Exports
A clear comparison of imports and exports, including the direction of trade, customs processes and business objectives.
What is an import?
An import brings goods or services from another country into the domestic market.
What is an export?
An export supplies domestic goods or services to customers in foreign markets.
The main difference
The direction of trade, documentation, customs procedures and commercial objectives differ, although both require careful planning and regulatory compliance.