The spelling of the word "exporter" in IPA phonetic transcription is /ɪkˈspɔrtər/. This word consists of five syllables with the primary stress on the second syllable. The letter "e" in "ex" represents the /ɛ/ sound, while the letter "o" in "ort" represents the /ɔ/ sound. The letter "r" at the end is silent, and the final syllable is pronounced as /ər/. An exporter is a person, company or country that sells goods to other countries.
An exporter is an individual, company, or organization involved in the process of selling and transporting goods or services from one country to another for the purpose of trade and profit. This term is typically used in the context of international trade.
An exporter plays a crucial role in the economic development of a country by expanding its reach in foreign markets and contributing to the overall growth of the economy. The exporter is responsible for ensuring that the goods or services being exported meet the necessary quality standards, licensing requirements, and compliance regulations of the importing country.
Exporters are often engaged in extensive market research, identifying potential overseas markets, and establishing trade relationships with foreign buyers or importers. They negotiate price agreements, contracts, and terms of sale, ensuring a mutually beneficial business relationship for both parties involved.
Exporters facilitate the shipping and transportation of goods by coordinating logistics, arranging for packaging, labeling, and documentation required for customs clearance. They may also work closely with freight forwarders, carriers, and other intermediaries to ensure a smooth and secure transportation process.
Exporters are well-versed in international trade agreements, tariffs, and customs procedures. They are knowledgeable about currency exchange rates, payment methods, and may provide necessary financial services, such as trade financing or insurance, to mitigate the risks associated with exporting.
Overall, an exporter is an essential link in the global supply chain, promoting economic growth, facilitating international trade, and connecting businesses across borders.
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Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
The word "exporter" is derived from the Latin word "exportare", which is a combination of the prefix "ex-" meaning "out" or "away", and the verb "portare" meaning "to carry". Therefore, "exportare" originally referred to the act of carrying goods or commodities out of a country or region to be sold or traded in another location. Over time, this Latin root gave rise to the modern English term "exporter", which still retains the basic meaning of someone or a company engaged in the business of exporting goods.