EXPORT REVENUE Meaning and
Definition
-
Export revenue refers to the income generated from the sale of goods or services to foreign countries by a particular nation or company. It represents the total amount of money earned through exporting products or services to customers located outside the domestic market.
Export revenue plays a crucial role in evaluating the economic performance of a country as it contributes to its overall balance of trade. It is a key indicator of the success and competitiveness of a nation's export sector, as it showcases the ability to sell products and services in global markets.
The calculation of export revenue involves multiplying the quantity of exported goods or services by their respective selling prices. This includes all proceeds received from overseas customers or nations. Export revenue can be derived from various sectors such as manufacturing, agriculture, mining, or services.
Export revenue is influenced by several factors, including currency exchange rates, global demand, production capacity, export policies, and market competition. A country with higher export revenue generally benefits from increased employment opportunities, improved economic growth, foreign exchange earnings, and the potential for technological advancements through exposure to global markets.
Governments and businesses closely monitor export revenue as it provides valuable insights into the health and growth of the export sector. Policy decisions and strategies can be formulated based on the analysis of export revenue data to foster trade relations, encourage export diversification, and enhance competitiveness in international markets.
Common Misspellings for EXPORT REVENUE
- wxport revenue
- sxport revenue
- dxport revenue
- rxport revenue
- 4xport revenue
- 3xport revenue
- ezport revenue
- ecport revenue
- edport revenue
- esport revenue
- exoort revenue
- exlort revenue
- ex0ort revenue
- expirt revenue
- expkrt revenue
- explrt revenue
- expprt revenue
- exp0rt revenue
- exp9rt revenue
- expoet revenue
Etymology of EXPORT REVENUE
The word "export" originated from the Latin word "ex-" meaning "out" and "portare" meaning "to carry". The addition of the suffix "-re" in English signifies action, making "export" mean "to carry out".
On the other hand, "revenue" comes from the Latin word "revenire" which means "to come back" or "return". It evolved to refer to the income that returns or comes back to a person or a government.
Therefore, "export revenue" essentially denotes the income or monetary returns that come back to a country or an entity as a result of carrying out goods or services to foreign markets.
Infographic
Add the infographic to your website:
