Correlation between Import-Export and Logistics: Differences and links
In this article, we will explore the correlation between two important factors in international trade: Import-Export and Logistics. We will delve deeper into comparing and analyzing how they interact, thereby better understanding the role of each aspect and the importance of connecting them in global development.
1. What is import and export?
Import and export are International goods buying and selling activities, all asset movement activities, import-re-export, temporary export-re-import, etc. are considered import-export activities.
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Export: Is the activity of selling goods from one country to the market of another country. Thereby, the exporting country can earn income from selling products in which it has a competitive advantage. For example, Vietnam has good production capacity in agricultural products that can export rice, coffee, fruit, etc.
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Import: Is the activity of purchasing goods from other countries to supply the domestic market. This allows the importing country to access products that it does not produce or does not have a competitive advantage in producing. For example, a country that does not produce oil but has a need for fuel can import oil from other countries.
Importing and exporting can bring great economic benefits to countries, including the creation of job opportunities, market expansion, economic growth, and increased national income. However, it also faces challenges such as changes in exchange rates, climate change, and trade barriers.
In short, activities of bringing materials and goods through border gates that require declaration and customs clearance are considered import-export activities.
2.What is Logistics?
Logistics is an important area of business operations that focuses on managing and optimizing activities related to the transportation, storage, and management of goods and services from the source of supply to the end consumer. together. The main goal of logistics is to ensure that goods are delivered at the right time, to the right place and at the lowest cost while ensuring quality and efficiency.
3. Distinguish between Import-Export and Logistics:
In short, logistics involves managing the entire process of transporting and managing goods in the supply chain, while import and export are activities of buying, selling and trading goods and services between other countries. together. Both concepts together play an important role in ensuring international trade runs smoothly and efficiently.
4. Top most popular Logistics jobs today:
1. Sales Staff
2. Documentation Staff
3.Operation Staff
4.Customer Service Staff (Customer Service Staff)
5. Purchasing Staff
6.Logistics Coordinator
Above are some shares about import-export and logistics that many of you often confuse. Hopefully with the above shares, you will better understand these two professions, as well as how to distinguish them. If you have questions that need answering or need to transport import and export goods, please contact Macsco Logistics immediately for the fastest and most accurate support.
For further information and questions, please contact:
MACSCO LOGISTICS LIMITED
Address: 64 Nguyen Dinh Chieu, Da Kao Ward, District 1, Ho Chi Minh City, Vietnam
Phone: (84 28) 6270 6576
Email: anna@macsclogistics.com
Website: https://macscologistics.com