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Goods
Physical products like electronics, automobiles, agricultural products, and machinery.
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Services
Non-tangible offerings like consulting, software development, tourism, and financial services.
Benefits of Exports
Exports can contribute significantly to a country's economic growth by increasing revenue and job opportunities.Exporting allows businesses to tap into global markets, reducing dependence on a single domestic market.Countries can leverage their specific resources, skills, or technology to produce goods or services for which they have a comparative advantage.
- Economic Growth
- Diversification of Markets
- Utilization of Resources
- Foreign Exchange Reserves