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Export in sentence

1581 examples of Export in a sentence

New data from a World Bank study that compares farm policies around the world since 1955 shows for the first time just how far today’s African governments have gone to reduce the cost to farmers of the export taxes, marketing boards, and other interventions imposed by previous regimes (www.worldbank.org/agdistortions).
But the currency appreciation that follows will likely set off an unsustainable consumption boom, wreak havoc with your export sector, create unemployment, and sap your growth potential.
An undervalued currency enables an economy to integrate into the world economy on the basis of strong export performance.
With more stability and open markets, they will be able to export their products, rather than their citizens.
Yes, some export companies that borrow dollars also earn dollars.
The news is better on the export side.
But, despite visible progress on the export front and noticeable labor-cost reductions, this rebalancing is mostly the result of the same collapse in domestic demand that is driving mass unemployment.
And, given that China is already the world’s largest exporter, with more than 11% of the global market share, there is little room left for export growth in the coming years.
This was reflected in a 40% gain in the country’s terms of trade (the price of exports relative to imports), which meant that the same export volumes translated into more dollars.
Countries whose terms of trade improve also tend to grow faster and undergo real exchange-rate appreciation as domestic spending of their increased export earnings expands the economy and makes dollars relatively more abundant (and thus cheaper).
The same dynamics that inflated the dollar value of GDP growth in the good years for these countries will now work in the opposite direction: stable or lower export prices will reduce real growth and cause their currencies to stop appreciating or even weaken in real terms.
In all these areas and more, traditional textbook arguments about the gains from trade apply: new export opportunities lead to higher wages and a lower cost of living.
The advantage of imports becoming cheaper more than outweighs the losses in export revenue.
Yet China, whose consumers are perfectly able to absorb imports from the West, will remain wary of boosting middle-class demand while it is in fear of losing some of its Western export markets.
If China could be confident that its export markets will not falter, it could expand domestic consumer demand and take in Western goods.
While Chinese export industries remain highly competitive, there are understandable doubts about the post-crisis state of foreign demand for Chinese products.
From the US to Europe to Japan – crisis-battered developed economies that collectively account for more than 40% of Chinese exports – end-market demand is likely to grow at a slower pace in the years ahead than it did during China’s export boom of the past 30 years.
In addition, it takes the heat off an undervalued currency as a prop to export growth, giving China considerable leeway to step up the pace of currency reforms.
But the projects that China is supporting are often intended not to support the local economy, but to facilitate Chinese access to natural resources, or to open the market for its low-cost and shoddy export goods.
First, the oil-producing countries and China will continue to export substantially more than they import.
While much of that investment will flow to the US, the surplus countries want to diversify their investment of these new net export earnings.
The flow of net export earnings from the oil producers and others into euros will push up the value of the euro and enable the transfer of funds to occur.
More than 90% of Venezuela’s export earnings come from the oil and gas sectors, which provide about half of the government’s income.
But many authoritarian regimes are funded by the export of natural resources.
And China remains an economy where growth is very much based on the export of manufactured goods to richer countries, so a slowdown in the UK and the EU does not favor the Chinese, either.
Energy accounts for 70% of Russia’s export earnings and half of its budget revenue – money that is used to finance the military, nationalist state-owned media, cyber wars, the fifth column in Ukraine and other countries, and the lavish lifestyles of the country’s elites, including Putin.
The prospect of such a drastic reduction in its export revenues would be sobering for the Kremlin, especially given the difficulty of finding alternative markets.
Moreover, multinational companies that invest in the Czech Republic, Slovakia, Hungary, and Estonia produce cars, high-end electronics, and industrial machinery both for the domestic market and for export.
Consider diamond mining, Namibia’s biggest industry and export.
Concerns about currency appreciation damaging export competitiveness would be assuaged, as globalization and artificial intelligence continue to create competition for workers.
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