exporter
B2Pronunciation
UK
- /ɛkspˈɔːtə/
US
- /ɪkˈspɔrtər/
Description
- sells goods to other countries
- ships products abroad
- trades internationally
Imagine a farmer growing delicious apples. If those apples are sold to another country, shipped across the ocean, and enjoyed in Japan, that farmer (or the company they work with) is an *exporter*. An exporter is a person or company that sells goods to other countries, or provides services to customers there. It's a key part of international trade. Think of it like sending a little piece of your country's work out into the world. Not everything needs to be apples, though; exporters deal with all sorts of things, from cars and computers to wheat and wool.
An *exporter is an individual or company that sells goods or services to foreign countries. They are a vital link in global commerce, facilitating the flow of products across international borders. While "import" means bringing things in, "export" means sending them out*.
The term isn't limited to physical goods. Services can also be exported! For example, an American software company providing technical support to a client in Germany is exporting a service. Similarly, a film studio selling the rights to show its movies internationally is also considered an exporter.
Exporters often navigate complex regulations and logistics, dealing with customs rules, tariffs, shipping arrangements, currency exchange rates, and international laws. They might specialize in certain products or regions, becoming experts in those specific markets. A country's economic health is often closely tied to the success of its exporters; a strong export sector can boost jobs and growth at home.
You'll hear "exporter" used in business news ("The company has become the nation's leading exporter of tech"), trade discussions ("Negotiations are underway to reduce barriers for exporters"), or when describing a country's economy ("Germany is one of the world's leading exporters of automobiles"). So, next time you see a product labeled "Made in [Country]" and sold abroad, remember there's an exporter behind it, connecting that nation with the global marketplace.
Examples
- 1
Seafood trade
Norway is a major exporter of seafood.
- 2
Company products
The company became an exporter of solar panels after opening its new factory.
- 3
Shipping costs
Local exporters are worried about rising shipping costs.
- 4
Trade balance
By 2030, the country hopes to be a net exporter of clean energy.
Phrase
net exporter
a country that sells more abroad than it buys from abroad
- 5
Market rules
As an exporter to the EU, the business has to follow strict labeling rules.
Pattern
exporter of + product; exporter to + country or market
Forms and spellings
2 forms open this card.
Main spelling
- exporternoun
Forms
- exporterspluralnoun