Import

Import ( in Latin " in. .. inside " and portare " carry, bring ": " into wearing introduce " ) is the international trade name for the import of goods and services by business units to a permanent home outside of the country have. The opposite of Import Export. The export netted with import depending on the excess of net import and net export.

In the calculation of the import in Germany, the Federal Statistical Office of Statistics of the general trade goes out. The import figures include freight and insurance costs CIF. The German Federal Bank supplements the foreign trade balance by the balance of primary incomes, the additions to the merchandise trade and the balance of current transfers for current account balance.

Import regulations

Germany

For certain goods import permits must be obtained, since individual categories are subject to quantitative restrictions ( import quotas ) under international trade agreements. In Germany, for example, requires the importation of the following goods are subject to approval by the Federal Office of Economics and Export Control ( BAFA):

  • Steel and Iron
  • Shoes from Vietnam
  • Textiles and clothing products
  • Ceramic and porcelain from the People's Republic of China

For the design of trade agreements in terms of costs for transport, packaging, insurance and the transfer of risk to the object of purchase by the International Chamber of Commerce ( ICC) are usually published in Paris since 1936 Incoterms (current version from 2010) applied as a standardized contract clauses.

The importer has to pay for imports in the economic territory of the European Union for the payment of any applicable duties and import VAT worry.

To safeguard settlement bank services can be availed. These include documentary collections or letters of credit.

Switzerland

As a non -EU country, Switzerland is imposed duties on goods in the neighboring EU countries. Various goods such as agricultural products may be imported only in quotas or be subject to other restrictions, such as war weapons or drugs. In these cases, an import permit is often required, which can be issued by different Swiss authorities.

International comparison

The figure shows the three largest economies in the world, exports to the countries of the triad, ie presented as a ratio to GDP, as well as the net export to GDP ratio. The import quotas are hidden in the image as the difference between the export ratio and net export ratio. Rising export and import quotas are an indication of increasing international integration of world trade in the wake of globalization.

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