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No country in the world has all the Natural Resources, climate or geography to produce all the goods and food required by its population. Conversely, many countries have more than enough of a specific resource or product and can export some of this "surplus" to other countries.
For example, many Canadians like to eat mangoes, which can only be cultivated on tropical countries. As Canada is close to the Arctic circle, no mangoes can be cultivated on its soil and the easiest way to get them is to import them.
On the other hand, Australia has huge reserves of bauxite, the mineral that once refined results in aluminium. As Australia has more than enough of this mineral to support its own needs, it can export some bauxite to countries that require it and are willing to pay for it.
Wiki User
∙ 13y ago
Wiki User
∙ 13y agobecause when you get it from Another Country the price will be alot lower than what you would most likely find in the united states. heard it from me!
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What products does United Kingdom export and import to anyone?
They export fish
Why do countries need to import and export?
wn.
Why do you import and export goods?
We import and export goods to get a better income. When we export goods we can either sell or trade some of our goods. When we import, we buy goods from other countries. There are millions of reasons, why people import and export goods. First and the most important is satisfying personal needs ( buying FMCG products, household goods, furniture and decor as well as sport and musical equipment). The second, but not the less important one, is creating export and import businesses, establishing strong and trustworthy relations with international partners. The last reason, countries export and import goods i order to rise the state's economy and insure qualitative live of its citizens.
What is export promotion and import substitution?
export promotion is exporting morn than import when production is more there is more export to other states and countries . import substitution means substituting import from one place to other.
What products does Seychelles Export and import?
they export canned tuna, frozen fish, cinnamon bark, copra, petroleum products
Which countries does Kuwait import and export heir products from?
what country does kuwait export oil to
What abbreviation for import export of products used?
EXPORt
What types of goods must west African countries import?
West African countries must import more industrial goods than they export in natural products.
What is known as an import and export business?
An import export business is also known as International trading. Where a business imports and exports goods and or services from other countries. Importers and exporters can also help businesses market their products to other countries.
What products does United Kingdom export and import to anyone?
They export fish
What does Pakistan export and import by which countries?
IAN
Why do countries need to import and export?
wn.
What products do Dominican Republic import from Jamaica?
The Dominican Republic don't import products from Jamaica. It primary import and export products from and to United States.
What products do Iranians import and export?
Mostly Oil.
Why do you import and export goods?
We import and export goods to get a better income. When we export goods we can either sell or trade some of our goods. When we import, we buy goods from other countries. There are millions of reasons, why people import and export goods. First and the most important is satisfying personal needs ( buying FMCG products, household goods, furniture and decor as well as sport and musical equipment). The second, but not the less important one, is creating export and import businesses, establishing strong and trustworthy relations with international partners. The last reason, countries export and import goods i order to rise the state's economy and insure qualitative live of its citizens.
What is export promotion and import substitution?
export promotion is exporting morn than import when production is more there is more export to other states and countries . import substitution means substituting import from one place to other.
What products does Canada import and export?
they import dougnuts and export teathey export oil gas uranium maple syrup hocky sticks and newsprint to list a few
