Legal Definitions - export

Definition: A product or service created in one country and transported to another.

Example: A company in the United States creates a new type of smartphone and sells it to customers in Japan. This is an example of an export.

Explanation: The company created a product (the smartphone) in the United States and transported it to another country (Japan) for sale. This is an example of an export because the product was created domestically and then sent to another country for consumption.

Definition: The process of transporting products or services to another country.

Example: A clothing manufacturer in China ships a large order of shirts to a retailer in the United Kingdom. This is an example of an export.

Explanation: The clothing manufacturer in China is transporting their product (shirts) to another country (the United Kingdom) for sale. This is an example of an export because the product is being sent from one country to another for consumption.

Definition: To send or carry abroad.

Example: A farmer in Brazil ships a container of coffee beans to a buyer in the United States. This is an example of exporting.

Explanation: The farmer in Brazil is sending their product (coffee beans) to another country (the United States) for sale. This is an example of exporting because the product is being sent from one country to another for consumption.