What is import and export?

Import and export refer to the buying and selling of goods across international borders. Imports bring products into a country, while exports send products out to global markets. These activities help businesses expand globally and support international trade.

What are the steps of import and export?

The main steps of import and export include selecting products, identifying buyers or suppliers, preparing documents, shipping the goods, customs clearance, and receiving payments. These steps ensure smooth international trade.

What is Import Export Code (IEC)?

Import Export Code (IEC) is a 10-digit code issued by DGFT that is mandatory for any individual or business to start import-export activities. Without IEC, cross-border business operations cannot be performed legally.

Who can start an import export business in India?

Any individual, partnership, company, or LLP can start an import export business in India. Basic requirements include PAN, bank account, and obtaining an Import Export Code (IEC) from DGFT.

Exim Training

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Exim Training 25-03-2026

From Beginner to Global Trader: The Power of Import Export Training

In today’s fast-growing global economy, starting a business is no longer restricted to your local market. With the right knowledge and strategy, anyone can build...

Vaibhav Sharma

Exim Training 23-06-2024

10 Questions an EXIM logistics specialist will ask!

If you are a regular reader of our blog series, you might have read on the topic ‘ Warehousing and Logistics ’. It was one...

Vaibhav Sharma

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