In international trade, the importation and exportation of goods are limited by import quotas and mandates from the customs authority. The importing and exporting jurisdictions may impose a tariff (tax) on the goods. In addition, the importation and exportation of goods are subject to trade agreements between the importing and exporting jurisdictions.
"Imports" consist of transactions in goods and services to a resident of a jurisdiction (such as a nation) from non-residents. The exact definition of imports in national accounts includes and excludes specific "borderline" cases. A general delimitation of imports in national accounts is given below:
An import of a good occurs when there is a change of ownership from a non-resident to a resident; this does not necessarily imply that the good in question physically crosses the frontier. However, in specific cases national accounts impute changes of ownership even though in legal terms no change of ownership takes place (e.g. cross border financial leasing, cross border deliveries between affiliates of the same enterprise, goods crossing the border for significant processing to order or repair). Also smuggled goods must be included in the import measurement.
Experts emphasize importance of closely monitoring commodity prices ... Yet they still stressed the need to closely monitor risks surrounding rising global commodity prices as they could deteriorate manufacturers' profitability and spark investor jitters over monetary tightening.
The government, he said, was trying to manage the demand and supply gap of commodities through their import ... The value of Dollar had decreased to Rs 152, which would ultimately reduce the prices of imported items ... He also took round of the store and asked about the prices of commodities.
“They have already imported machinery for two of them.” ... Afghanistan exported $60 million worth of goods to China last year while it imported goods and commodities worth $1 billion during this period, according to figures by the chamber of commerce and industries ... .
We need to understand the nature of the items that have been imported. “And so it is important for officers to be well informed and equipped on how to classify commodities because once the classification is correct, valuation will also be correct,” he added ... imports,” he said.
GoogleGlass...Microsoft) ... AR — augmented reality ... Seeing what we have over the last decade or so, I think it’s safe to say that the data mined from users is an important commodity and one that definitely drives the development of new technology, from algorithms for social media and search to cell phone hardware better suited to human interaction ... .
International trade promotion institutions have protested against the recent government order that requires all import consignments of as many as 24 specified food commodities should be accompanied by a non-genetically modified (non-GM) and GM-free certificate issued by a competent authority of the exporting country.
With the import of edible oil becoming more expensive and diesel prices rising in the country, items of everyday consumption have become even more expensive ... At the nation's multi-commodity exchange, the price of crude palm oil has risen by 74% in the last one year ... New import ...
China has targeted various Australian products with unofficial import restrictions since March 2020 as relations between the two countries soured ... As the largest consumer of most commodities apart from oil, China has long had a heavy influence on resources trade through its sheer size.
If a Chinese importer ...China’s domestic coking coal price has also been gaining since the restrictions on imports from Australia, with Dalian Commodity Exchange futures rising 16% from 1,353 yuan ($206.56) a tonne at the start of October to end at 1,573 yuan on Thursday.
... and 104,602 metric tons of import cargo during the said period. Commodity wise handling in metric tons is given below. COMMODITY IMPORT EXPORTTOTAL Contaienrs23,63339,79163,424 Bulk Cargo---------- Cement---11,74111,741 Clinkers---14,72014,720 Oil/LiquidCargo 80,969---80,969.
LAHORE ... Prgmea demanded that the government should allow duty-free import of cotton yarn from all around the world for at least six months to arrest the commodity crisis that continues to hit the local market. Globally, the prices of cotton have dropped significantly but the commodity is still costlier in Pakistan ... .
Uzbekistan has been enjoying basic benefits from the scheme, but upgrading its status will now allow the Central Asian country to raise the number of commodity items it can export to the EU without import duties from its current amount of 3,000 to 6,200, ...