A net importer is the opposite of a net exporter.
For example, Japan is one of the most industrialized nations in the world, but the bulk of the oil it requires is imported from other countries. Therefore, Japan is considered to be a net importer of oil. It is important to note that a country can be a net importer in a certain area, while being a net exporter in other areas. For example, Japan exports more technological devices than it imports, which makes Japan a net exporter in this area of the economy.
A country whose total value of all imported goods is higher than its value of all exports is said to have a negative balance of trade.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
net importer — ➔ importer * * * net importer UK US noun [C] COMMERCE, PRODUCTION ► a country that imports more of a particular product that it exports: »China, with 1.3 billion people, will remain a net importer of corn, and help lead the export boom. → Compare … Financial and business terms
net exporter — ➔ exporter * * * net exporter UK US noun [C] COMMERCE, PRODUCTION ► a country that exports more of a particular product that it imports: »Indonesia is a big net exporter of oil. → Compare NET IMPORTER(Cf. ↑ … Financial and business terms
importer — Any owner or other person possessing or having an interest in the goods between the time of importation and when they are released into free circulation. HM Customs & Revenue Glossary * * * importer im‧port‧er [ɪmˈpɔːtə ǁ ˈpɔːrtər] noun… … Financial and business terms
Net Exporter — A country or territory whose value of exported goods is higher than its value of imported goods over a given period of time. A net exporter is the opposite of a net importer. Saudi Arabia and Canada are examples of net exporting countries because … Investment dictionary
net — net1 W3 [net] n ▬▬▬▬▬▬▬ 1¦(internet)¦ 2¦(for fishing/catching things)¦ 3¦(for sports)¦ 4¦(for keeping things out)¦ 5¦(material)¦ 6 slip through the net 7 fall/slip through the net 8 cast/spread your net wide ▬▬▬▬▬▬▬ [: Old English; Origin … Dictionary of contemporary English
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