Export Assistance Centers

Definition

Export Assistance Centers are specialized facilities provided by a country to help domestic businesses navigate the complexities of exporting goods and services to foreign markets. They offer guidance on export regulations, market research, trade finance, and can assist in finding international buyers.

Related terms

Trade Finance:

Financing for import and export transactions to facilitate the exchange of goods across borders.

Market Research:

The process of gathering, analyzing, and interpreting information about a market, including information about potential customers and competitors.

Export Regulations: Rules set by governments that control what goods can be sent out of a country and under what conditions, ensuring compliance with national security and international agreements