Export


An export or export is the sale of a good or service to foreign countries in exchange for foreign currency. It is usually carried out by a country or company. Together with imports, it creates a country's foreign trade balance. The competitiveness of a good in the international market is also directly related to the exchange rate. The decrease in the exchange rate, that is, the appreciation of the domestic currency against the foreign currency, decreases the competitiveness of the product as it will make the product in question more expensive in the international market.