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ADVANTAGES AND DISADVANTAGES OF IMPORTING AND EXPORTING

IN /TO COLOMBIA

GINA MARCELA SOTO CHAPARRO

TECNOLOGO EN NEGOCIACION INTERNACIONL
SENA
2018

which forces them to balance the pros and cons of international purchases. ADVANTAGE: 1. should hedge exchange or futures. in order to remain in it definitively. Imports always implies the risk of an increase in the price of the foreign currency. 2. IMPORT It is the customs regime by which goods imported from abroad or from a Special Economic Development Zone can circulate freely in the customs territory. in brokerage houses. it is probably cheaper to import than to manufacture. In countries with international free trade agreements. necessary for export. deliveries and conditions. where applicable. which requires the improvement of machinery. 3. surcharges and penalties. from manufacturers to traders. 2. make the entrepreneur dependent on international purchases. facilitating their acquisition. However. In high-cost manufacturing countries. economic problems such as greater imports than exports. 3. to a large degree. In developing countries it is necessary to reach an international level of quality. Buying in another country reduces income from the country where the entrepreneur resides. Any dependency weakens the company and with greater reason. DISADVANTAGES: 1. and compliance with customs formalities and obligations. to protect themselves. the globalization of markets for goods and services has moved foreign suppliers to the importing country. Imports. after the payment of the duties and taxes to the Importation. on the basis of imports. the gradual reduction of import taxes to zero will lower the cost of international purchases. international suppliers for the distance. . Businesses tied to the increase of foreign currency by imports that are their main source of income. raw materials and processes. thus becoming resellers.