Import

The term import is derived from the conceptual meaning as the goods and services into the port of a country. The buyer of such goods and services is referred to an “importer” who is based in the country of import where the overseas based seller is referred to as an “exporter”. Thus an import is any good or service brought in from one country to another country in a legitimate fashion, typically for use in trade. It is a good that is brought in from another country for sale.