Exporting and importing are two strategies for expanding your business.

Exporting allows you to grow your business by tapping into new overseas markets, expanding network contacts and exposing you to new ideas and methods that you may not have considered before.

Importing, on the other hand, can help expand your business by letting you reach new domestic markets. An importing strategy can help you achieve business success by reducing manufacturing costs and allowing you access to new products you might not otherwise have been able to provide.