Importing refers to the process of bringing goods or services into a country from abroad for sale. This practice is essential for businesses that rely on foreign products to meet consumer demand or to enhance their offerings. Importing can involve various regulations and tariffs that govern how goods are brought into a country, impacting pricing and availability.
The importation process typically requires compliance with customs regulations, which ensure that imported goods meet safety and quality standards. Businesses often work with customs brokers to navigate these complexities, making importing a crucial aspect of global commerce and economic growth.