Import And Export Essay

The rationale lies in the belief of many economists, that trade is the engine of growth, in the sense that it can contribute to a more efficient allocation of resources within countries as well as transmit growth across countries and regions. Exports, and export policies in particular, are regarded as crucial growth stimulators. Exporting is an efficient means of introducing new technologies, both to the exporting firms in particular and to the rest of the economy, and exports are a channel for learning and technological advancement. Moreover, the growth of exports plays a major part in the growth p process by stimulating demand and encouraging savings and capital accumulation, and, because exports increase the supply potential of the economy by raising the capacity to import (Muna and Norma, 2009).

According to Mannur (1995) trade is based on the fact that no country can produce all goods and services, which people need for their consumption largely owing to resources differences and constraints. Due to this trade relationship suggests that need to export goods and services in order to make revenue to finance imported goods and services which cannot be produce domestically.

Lopez and Dawson (2010) explain that the majority of the studies relating to the international trade have been mainly focused on total exports of a country and its contribution to economic growth. But the role of agriculture to exports is often substantial in the less developed countries. So, agriculture sector has

Comparing the average for the periods between 2004/05-2008/09 and 2009/10-2013/14, there is no significant change in terms of the structure of the main export items. Coffee is still the leading export