Who is a Service Exporter?

Service Exporter

 

Service Exporter is an exporter who exports the services where we can’t see the product physically, i.e, intangible products.

We can explain service export simply as, any service provided by a person in one nation to people or companies from another. Service exports are an important emerging trend in global trade. There are many servicing industry where we cannot see the product physically, but helps to earn foreign exchange like Tourism, Software, Health Care, Consultancy, Hotels, etc.  Through selling of services, the country will earn Foreign Exchange.

For example, a foreign tourist or visitor books hotels, tours, and transportation while visiting another country. Another example of service exporter is those who export software.

These are considered as exports because they are provided by a service provider in one country to an individual or company in another country.

 

 

 

 

 

 

 

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