Import-export refers to the process of buying and selling goods and services across international borders. When a country brings in products from another country, it is called importing. Conversely, when a country sells its products to another country, it is known as exporting. This trade allows countries to access resources and products that may not be available domestically. The import-export business plays a crucial role in the global economy by promoting trade and economic growth. It helps countries diversify their markets and can lead to better prices and quality for consumers. Additionally, it fosters international relationships and cultural exchange through the movement of goods.