With globalization, the world has become easily accessible for anyone who wishes to reach
out. Businesses, be it a small or a grand one, are spreading fast. And exporting and
importing goods have become one of the most important requirements.
When a business starts functioning internationally a lot of additional factors join the process
and the national and global economy stands at the top branch of it. The export and import
of goods not only pushes the business towards a better path but also takes an effective role
in expanding the economy.


How does it work?

Not all country has every necessary resource. While some countries own minerals or fossil
fuels, others possess precious metals. Similarly, some nations have an advanced
infrastructure while others do not. To balance and benefit one nation, it imports what it
lacks and exports what it has in huge quantities. And that is how one way or the other, all
the countries grow their economy.


What role does a nation play?
Importing and exporting activity of a country can directly impact its GDP, exchange rates,
and the level of inflation and interest percentages. Therefore, a nation’s economy plays a
significant role. A country with a strong currency hampers its exports and makes the imports
cheaper while a nation with comparatively weaker currency makes its imports costly and
fuels the exports.
Moreover, when the export rate is higher it would signify that the economy is advancing
better than overseas markets. But it may impact the exchange rates in a typical way. Thus,
maintaining a balance of imports and exports is very crucial for a country as it affects its GDP
and also balance of trade directly. A nation’s economy is accepted healthy when both its
import and export rates are growing. It designates the economy is strong enough.


Importance of Import & Export
Importing and exporting help small and medium start-ups and businesses greatly. By
importing goods, they get to save manufacturing costs and at the same get exposure to the
global market. In the same way, by exporting products they reach a larger market and earn
higher profit.
The system of importing and exporting products do not only profits the business but also
benefits the consumers. The customers get to purchase items that are not available locally
and are sold at higher prices. By buying the items directly from the manufacturer through
the internet save both their time and money.


Why approach EximIntell?
EximIntell is a leading import and export platform that has been providing the best quality
service across India for over 20 years. The team of EximIntell includes brilliant consultants

who possess not just experience in the field but also years of market research. They have in-
depth knowledge about how the domestic and international markets work.
Furthermore, understanding where to invest and which market can benefit you the most is
more than necessary. EximIntell organization offers high-quality consultation as well as
training programs, business start-up/set-up services, e-commerce services to businesses,
entrepreneurs, and interested learners. It is a one-stop solution for your import and export
business!