Export is one of the directions of development of the state economy

2024 Author: Henry Conors | [email protected]. Last modified: 2024-02-12 02:46

Trade relations with foreign partners are an important element of foreign economic activity. In particular, exports from Russia facilitate transactions for the sale and purchase of many services and goods. The export of products outside the state is estimated annually in thousands of tons.

Export is a term from the Latin language, which literally means "export of goods from the port of the state." Even in the era of Ancient Rome, export products were traded especially rapidly. In favorable conditions were cities with access to the sea. With the advent and improvement of air and road transport, the international market area has greatly expanded.

Today no one will be surprised by cigars from Cuba or cars from Japan. In the conditions of modern management, it is export that erases any economic boundaries. This is due to the improvement and refinement of the relevant legislation. Exporting countries are developing new schemes to minimizeemerging risks in this area.

Export of goods involves passing a special thorough check at customs and obtaining relevant documents. Products exported outside the state are either material resources, or consumer goods, or services of domestic production.

In other words, export is the sale of products, the buyer of which is the importer, and the seller is the exporter. Relations between these participants are governed by legal and legislative acts.

Export is a visible and invisible type of product export abroad. At the same time, the first type is household appliances, food products, raw materials and material resources. The second type of export is associated with services and intangible values for foreign customers.

There is another type - the export of capital, which is considered one of the most effective measures to regulate foreign trade. The exporter issues loans and invests in foreign enterprises. The funds spent together with the profit are returned increased by interest and dividends from the sale.

Today, the export of labor is quite high, which consists in concluding contracts between exporting countries with foreign citizens or companies for technical support, delivery with installation and maintenance of the supplied equipment.

The export of ancillary and basic services has also recently developed, whichprofessional assistance is provided to foreign partners in solving technical and financial problems, which significantly expands the sphere of influence and perfectly helps to cope with economic crises.

Export in Russia is successfully developing due to the availability of raw materials. Thus, the share of exports of mineral resources in total exports is constantly increasing. In 2012, the income from the export of some groups of services and goods amounted to over $400 billion, which is the highest figure for the entire post-crisis period.