Olan Bellei
Chief Analytics Officer | Fullerton | United States
I am working as Chief Analytics Officer.
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To explain in very simple terms: - Import = In → Goods coming in to the country. - Export = Exit → Goods going out of the country. So, if a business in the USA buys spices from India, that’s an import for the USA and an export for India.
Answered for the Question: "What is the meaning of import and export?"