An import is a good or service bought in one country that was produced in another. Exports are goods and services that are produced in one country and sold to buyers in another. Imports and exports are the components of international trade. In today’s global economy, consumers are used to seeing products from every corner of the world in their local grocery stores and retail shops.
These overseas products—or imports—provide more choices to consumers. And because they are usually manufactured more cheaply than any domestically produced equivalent, imports help consumers manage their strained household budgets. AUIG LLC deals with imports of a variety of goods for the American consumer as well as ships good overseas, contributing to global trade and offers opportunities for our clients to participate.
