SHH! DON’T SHARE THIS IMPORT-EXPORT DATA INSIDER SECRET

  INTERNATIONAL TRADE- IMPORT AND EXPORT Before understanding that what is Import-export data , first let’s understand what the actual meaning of the term ‘Import’ and ‘Export’ is. Import, as the word suggests, is a commercial practice that countries do to acquire goods and services from other countries in exchange of money. On the other hand, export is a process where a country sells its domestic products and services to other countries in exchange of money. When imports, along with exports are analyzed, together it is called as international trade. So, to keep a record of all the imports and exports done, every country is bound to maintain an import-export data . DIVING DEEP INTO IMPORT DATA Import data is a sum and information of all trade practices which are related to acquiring goods and services from other countries throughout the year. This data is equipped with very important and confidential information of different countries such as names of top importers, descript