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Imports/Exports

Imports and exports are the terms used to describe the goods and services traded between nations. Imports Countries import goods that they cannot produce domestically, or that companies can supply to these countries at a higher quality or lower cost. The term can also apply to services rendered to residents of one country from non-residents. Even tourists fall under a loose definition of providing an imported service through the investment they make in hotels, restaurants and attractions. Import statistics can be difficult to track, because of varying definitions and inaccurate coverage. Most of the data collected comes from declarations to custom services. However, these would not account for goods imported to one member nation from another in the European Union (EU), since such products may be moved without customs controls. According to the World Trade Organization, the United States is the world’s largest importer (based on capital investment), followed by the EU, China, Germany and Japan. Exports Exports, simply put, are goods or services produced locally and sold abroad. This may be done as a way to boost the producing nation's gross output, or in exchange for more desired products or services. China has been the world's largest exporter of goods since 2009. Official estimates suggest Chinese exports amounted to $1.904 trillion in 2013. This represents a significant reversal of policies in place for much of that nation’s history, when a more protectionist stance was taken in trading policies. The EU ranks second in exports, followed by the United States, Germany and Japan.

Agreement with Argentina means more US pork shipments of export cargo and import cargo in international trade.

USDA and USTR Finalize Access for US Pork Exports to Argentina

Technical Requirements Allow US Pork to be Imported Into Argentina for the First Time Since 1992

US Secretary of Agriculture Sonny Perdue and US Trade Representative Robert Lighthizer have announced that the government of Argentina has… Read More


ZTE lied to the US government about matters relating to shipments of export cargo and import cargo in international trade.

There are more shipments of export cargo and import cargo in international trade between Asia and Africa.

Ports handle most shipments of export cargo and import cargo in international trade.

New NAFTA would govern North American shipments of export cargo and import cargo in international trade.

Ports are working collaboratively to handle shipments of export cargo and import cargo in international trade.

New NAFTA would govern North American shipments of export cargo and import cargo in international trade.

Expansions will allow port to handle more shipments of export cargo and import cargo in international trade.

Trump has imposed tariffs on steel and aluminum shipments of export cargo and import cargo in international trade.

Commerce Department has imposed antidumping duties on shipments of export cargo and import cargo in international trade.

Commerce Department has imposed antidumping duties on shipments of export cargo and import cargo in international trade.

US and Bahrain agreed to topics related to shipments of export cargo and import cargo in international trade.

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