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.
1. to bring in from a foreign country or other source: to import goods for resale. 2. to bring or introduce from one use or connection into another: foodstuffs imported from the farm. 3. to mean or signify: Her words imported a change of attitude. 4. to involve as a necessary circumstance; imply.
IMPORT meaning: 1 : to bring a product into a country to be sold; 2 : to bring (something, such as data) into a file, system, etc., from another source
An import is a product or service that is produced in one country and purchased in another, thus playing a role in international trade and affecting a country's balance of trade.
IMPORT definition: to bring in (merchandise, commodities, workers, etc.) from a foreign country for use, sale, processing, reexport, or services. See examples of import used in a sentence.
IMPORT meaning: 1. to buy or bring in products from another country: 2. to introduce new goods, customs, or ideas to one country from another: 3. to copy information…
About the tariff simulator Flexport’s free US import duty & tariff calculator helps you calculate customs fees, taxes, and duties instantly for imports from 195+ countries. Our customers rely on real-time duty rates updated daily by licensed customs brokers.