Keyword Analysis & Research: export

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Frequently Asked Questions

What are the reasons for export?

There are many good reasons you should be exporting. Economies of scale. Increased revenue and profit. Increased productivity. Spread risk base of business. Smoothing effect on order book. Offset lack of demand for seasonal products. New product ideas.

What is the relationship between export and import?

When a country imports goods, it buys them from foreign producers. The money spent on imports leaves the economy, and that decreases the importing nation's GDP. Net exports can be either positive or negative. When exports are greater than imports, net exports are positive. When exports are lower than imports, net exports are negative.

What are export products?

An export is a product that is sold to people outside of the country in which the product was made. Canada exports maple syrup to the United States and to many other countries. Tropical areas like the countries in the Caribbean send sugar cane to other countries.

What are the top 5 exports of the US?

Machinery including computers: US$201.7 billion (13% of total exports) Electrical machinery, equipment: $174.2 billion (11.3%) Mineral fuels including oil: $138 billion (8.9%) Aircraft, spacecraft: $131.2 billion (8.5%) Vehicles: $130.1 billion (8.4%) Optical, technical, medical apparatus: $83.6 billion (5.4%)

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