EXPORTABLE Meaning and
Definition
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Exportable is an adjective that refers to goods or services that can be successfully sold or transported to other countries for commercial purposes. It indicates the capability or suitability of a product or service to be traded or exported in the international market.
When something is described as exportable, it means it possesses the qualities necessary to compete in foreign markets. These qualities may include factors such as quality, pricing, demand, or cultural compatibility. For example, a country with a surplus in agricultural production may have exportable crops that can be sold to other nations.
The term exportable can also pertain to intangible goods, such as software, intellectual property, or expertise. These items can be exported digitally or through licensing agreements, allowing a country to benefit from its intellectual capital on a global scale.
Having exportable goods and services is important for countries seeking economic growth and diversification. It enables them to tap into new markets and generate revenue through international trade. Exportable goods can enhance a nation's economic competitiveness and promote job creation as domestic companies expand their reach beyond borders.
Overall, exportable denotes the capability of a product or service to be successfully sold in global markets, contributing to a country's economic prosperity and development.
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Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
Common Misspellings for EXPORTABLE
Etymology of EXPORTABLE
The word "exportable" comes from the combination of the prefix "ex-" meaning "out" or "away" and the word "portable", which derives from the Latin word "portare" meaning "to carry". When combined, "exportable" refers to something that can be carried or sent out of a country or region to be sold or used elsewhere.
Similar spelling words for EXPORTABLE
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