Importing (Noun)
Meaning
The commercial activity of buying and bringing in goods from a foreign country.
Classification
Nouns denoting acts or actions.
Examples
- The company's importing business has been thriving due to the high demand for foreign electronics.
- Importing exotic spices from Asia has become a lucrative venture for many entrepreneurs.
- The government has imposed strict regulations on importing certain types of chemicals to protect the environment.
- The rise of e-commerce has made importing goods from overseas more accessible to small businesses.
- The country's importing costs have increased significantly due to the recent changes in trade policies.