Net exports measure total trade by subtracting imports from exports. Positive net exports indicate trade surplus, negative indicate deficit. Formula: Net Exports = Total Exports - Total Imports
Non-EU permanent residents aged 16+ can shop tax free. VAT rate is 10%, reduced for medicines at 2.1%. Original passport required, digital copies not accepted. Commercial exports prohibited
EU countries include Belgium, Bulgaria, Croatia, Czech Republic, Denmark, Germany, Estonia, Greece, Spain, France, Ireland, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Hungary, Malta, The Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Finland and Sweden
Import means bringing goods/services into a country from abroad. Export means selling domestically produced goods/services to foreign markets. Both processes are fundamental to international trade
Imports are foreign goods and services purchased by country residents. Exports are domestic goods sold to foreign customers. GDP includes both imports and exports, calculated as (X-M). Positive net exports indicate trade surplus, negative indicate deficit
Air waybill is an international airline's receipt for goods and contract of carriage. AWB has 11 digits with airline prefix, serial number, and check digit. Master AWB contains consolidated cargo, house AWB shows individual shipments