WHY IS EXPORTING IMPORTANT?
The export of goods and services at the macroeconomic level is positive for the trade balance
within a country, since it becomes a major source of demand for the domestic production of
goods. Therefore, multiplying the product and income of the economy in a general manner.
Some other reasons for the importance of exports are:
They allow diversification of risks in the face of unstable domestic markets.
In turn, they can cushion the effects of macroeconomic problems.
Promote the operation with economies of scale.
They are a source of growth and consolidation of worldwide companies.
They make it possible to obtain more profitable prices.
Extend the lifecycle of a product.
Improve production scheduling.
They allow balance regarding the entry of new competitors.
They mainly Improve the image in relation to suppliers and customers
Exports are equally important because they are not limited to large industries, but medium-
sized, small and even micro-sized industries hold a large share of it. Some elements to be
considered when thinking about exporting are:
Required export volume.