In each country, the ways to do business are differences, but the main point they need to import and export their product to be interrelationship. The import and export product can make business grow up or go down because they have either advantages below:
Advantage of import and export:
Import :
- Enhance your domestic competitiveness
- Increase sales and profit in all the way
- Gain your global market share
- Reduce dependence on existing markets
- Exploit international trade technology
- Extend sales potential of existing product
- Stabilize potential for expand of your business
- Sell excess production capacity
- Maintain cost competitiveness in your domestic market.
Export :
- Improved profit and sales
- Develop domestic competitiveness
- Increase worldwide market shares
- Diversification and risk minimization
- Minimize per unit overheads
- Balance for seasonal demands
- Potential for company development
- Sell surplus production capacity
- Expend new knowledge and expenrience
- Develop life cycle of item.
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