Import-Export Practices around the World essay sample

 

 

Global trade is one of the main objectives of international communication. The diversity of products and specifics of manufacturing in different countries make foreign products appealing and create the demand. Export is a great advantage for domestic companies as they naturally broaden the range of their customers.

International trade in food is a significant area for import-export relations. As a consequence of uneven industrialization, globalization, climate change,  and distribution of natural resources all countries have a different agricultural potential. Some of them have plenty of food to provide security for their own population and ensure export. Another rely on imported food because their lands are infertile or exhausted.

Today, the US export products to the biggest countries of the world. China is the prior export market for American agriculture products. Canada and Mexico are another two important markets where the products are sold. Wheat and rice are exported in the first place alongside with dairy, meat, and poultry.

Other largest world’s exporters of food are are Canada, Indonesia, Australia, and Argentina. Among the countries which rely on imported goods, we find Sudan, Saudi Arabia, Japan, Russia, and several European countries. Perhaps, the largest importer of foreign products is Eritrea which provides nearly no export itself.

Talking about the US, food and beverages make the smallest part of the American import. Multinational food manufacturers are concentrated in the country which allows very small part of the food to be shipped from abroad. Imported goods undergo rigorous inspection at the US border as they must fit in the FDA’s requirements.

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