Export refers to selling goods or services produced within a country's borders to other countries. It involves shipping products across international boundaries for trade purposes.
Related terms
Import: The opposite of export; it refers to buying goods or services from other countries for domestic use.
Trade Balance: The difference between a country's exports and imports. It can be positive (trade surplus) or negative (trade deficit).
Tariff: A tax imposed on imported goods by the government of the importing country with the aim of protecting domestic industries.