What Is International Trade?

International trade is the buying and selling of goods and services across national borders. For a UAE import‑export company, it means sourcing products like ceramic tiles or Moringa powder locally and selling them to markets in Africa, Europe, and Asia. Exports are goods/services sold by a domestic company (e.g., a UAE exporter) to overseas markets. Imports are goods/services purchased by a domestic company from foreign suppliers. By engaging in international trade, businesses tap into larger markets, diversify risks, and benefit from comparative advantages—boosting profitability and global presence Core Steps Sourcing & Contracts: Identify suppliers, agree on price and Incoterms (e.g., FOB Dubai). Documentation: Prepare invoices, certificates of origin, and health permits via UAE’s Trade net. Logistics: Book sea or air freight from Jebel Ali Free Zone; arrange customs clearance at origin and destination. Payment: Secure transactions with Letters of Credit or T/T tra...