Exportation - Meaning, Definition & English Examples
Exportation is the process of sending goods or services from one country to another for sale or trade. It plays a key role in international business and economic growth.
Definition:
The act of sending goods or services to another country for sale or trade.
Synonyms:
export, shipping, trade, dispatch
Part of Speech:
noun
Antonyms:
importation, import
Common Collocations:
exportation of goods, exportation process, exportation license
Derivatives:
exporter, exportable
Usage Tips:
Use "exportation" when referring to the formal process of sending goods abroad for commercial purposes.
Common Phrases:
exportation ban, exportation policy, free exportation
Etymology:
Derived from Latin "exportare," meaning "to carry out," combined with the suffix "-tion" indicating action or process.
Examples:
- 1. The company specializes in the exportation of agricultural products.
- 2. Exportation requires compliance with international trade laws.
- 3. The government imposed restrictions on the exportation of rare minerals.
- 4. Increased exportation has boosted the country's economy significantly.