export

Export (verb) – Meaning, Examples & Etymology

IPA:

What does export mean?

To send or transport goods, products, or services from one country to another for the purpose of trade or sale.
"The company plans to export its new line of products to European markets."

Detailed Meaning of Export

It involves the process of selling and delivering domestically produced goods or services to foreign markets or customers. Exporting plays a crucial role in international trade, as it allows countries to utilize their available resources, expertise, and production capabilities to reach a global customer base. It promotes economic growth by enabling businesses to expand their markets, generate revenue, create employment opportunities, and enhance competitiveness. Exporting involves various activities, such as packaging, documentation, transportation, and compliance with international trade regulations. Governments often support and facilitate exports through policies, incentives, and trade agreements to foster economic development and promote favorable trade relationships between nations. By engaging in exports, companies and countries can benefit from accessing new markets, diversifying their customer base, and enjoying the advantages of international trade.

Example Sentences for Export

1. The manufacturer decided to export their electronics to Asia due to high demand in the region.
2. We need to export the data from the database into a spreadsheet for analysis.
3. The government introduced new policies to encourage businesses to export their goods.
4. The company is expanding its operations to export its services to clients in other continents.
5. The company needs to export the software update to all its users.
6. The small business owner is exploring opportunities to export handmade jewelry.

Origin and Etymology of Export

The verb 'export' has its etymological origins in the Latin word 'exportare,' which is a combination of 'ex-' meaning 'out' and 'portare' meaning 'to carry' or 'to transport.' This etymology captures the fundamental meaning of 'export' as the act of sending or transporting goods, products, or services out of one country to another for the purpose of trade or sale. The prefix 'ex-' indicates an outward movement, while 'portare' emphasizes the notion of carrying or transporting. Therefore, 'export' essentially signifies the outbound movement of commodities, rooted in its Latin roots, where the focus was on the physical act of carrying items from one place to another in the context of commerce and trade.

Quiz Question - Test Your Understanding

Find the correct meaning of the verb export:

send

retain

receive

import

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More Usage Examples of Export

1. The company secured a contract to export construction equipment to a developing nation.
2. The government implemented trade agreements to facilitate and increase the export of goods.
3. The farmers are working hard to export their organic products to foreign markets.
4. The company plans to export its products to international markets.
5. We need to export the data from the database into a spreadsheet.
6. The country aims to export its agricultural goods to neighboring nations.
7. The government imposes taxes on companies that export raw materials.
8. The manufacturer will export the machinery to overseas customers.
9. The company is looking for new markets to export its services.
10. We must obtain the necessary permits to export these restricted items.
11. The trade agreement allows us to export our products tariff-free.
12. The export process involves completing customs forms and documentation.
13. The government encourages businesses to export and boost the economy.
14. The textile industry relies heavily on the ability to export fabrics globally.
15. The export of natural resources has become a controversial topic.
16. The company is exploring new strategies to expand its export capabilities.
17. The trade fair is an opportunity for businesses to showcase their export potential.
18. The export sector plays a significant role in the country's GDP.
19. The government provides financial incentives to companies that export high-value products.
20. The export regulations require companies to comply with specific standards and certifications.