In a country, import-export activities have a very important role. The reason is, this is related to the economic activities of a country. but if simplified, exports are the activity of selling a product or service abroad, while imports are the activity of buying a product or service from abroad. If viewed based on this definition, import and export are indeed very different activities. However, these two things are very common in countries, especially developing countries. There are many reasons behind this activity, but the most obvious reason is to meet needs and move the wheels of a country's economy.

Definition of Export

Based on Government Regulation Number 10 of 2021, export is an activity of distributing goods from the customs area. Indonesia's customs area itself consists of land, air, and waters that include the entire Exclusive Economic Zone (EEZ). In simple terms, export is defined as the activity of selling goods or services abroad. This activity is carried out on a large scale and involves cross-border supervisors. When exporting, a country will get income called foreign exchange.

Definition of Import

The definition of import according to Government Regulation Number 10 of 2021 is an activity of entering goods into the customs area. In simple terms, import is defined as the process of purchasing goods to enter a country to meet the needs of life. Generally, imports are made of goods that cannot be produced domestically. After that, the goods obtained from this import process will be circulated back in the country legally. The advantage of doing import activities is that the price range is cheaper than having to produce your own.