Import/Export refers to the process of buying and selling goods and services between countries. When a country imports, it brings in products from another nation, while exporting involves sending domestic products to foreign markets. This trade allows countries to access resources and products they may not produce themselves, fostering economic growth. The import/export process involves various steps, including shipping, customs clearance, and compliance with international regulations. Businesses often rely on trade agreements and tariffs to navigate these transactions. Key players in this field include freight forwarders, customs brokers, and trade organizations, which help facilitate smooth trade operations.