Importing involves bringing goods into a country from another country. Making money through importing entails identifying products that can be purchased at a lower price in one country and sold at a higher price in another. This price difference can generate profits for importers.
Importing offers several benefits. It can help businesses access products that are not available domestically, diversify their product offerings, and cater to specific customer demands. Historically, importing has played a crucial role in global trade and economic development by facilitating the exchange of goods and services across borders.
