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What does ‘Import’ mean? – Gholami Trading Company
What does ‘Import’ mean?

What does ‘Import’ mean?

What does ‘Import’ mean?

Import means the products which are made in a country or countries and entered another country through commercial way.
Providing some goods for some countries is not possible or it is not cost-effective, they need to provide them with imported goods.
Climate and weather conditions are one of the factors that determines the necessity and extent of the import.
Most countries try to make a good balance between import and export by producing some goods inside the country and then export to other countries.
Different types of imports are included: Definitive Imports, Temporary Imports, Returned Goods, and Transit (internal and external)

Rank Country Imports in Dollars Statistics Date
1 USA $ 2,314,000,000,000 2011 est.
2 China $ 1,743,468,000,000 2011 est.
3 Germany $ 1,339,000,000,000 2011 est.
4 Japan $ 794,700,000,000 2011 est.
5 France $ 684,600,000,000 2011 est.
6 Britain $ 654,900,000,000 2011 est.
7 Italy $ 541,200,000,000 2011 est.
8 South Korea $ 525,200,000,000 2011 est.
9 Netherlands $ 514,100,000,000 2011 est.
10 Hong Kong $ 493,200,000,000 2011 est.