Net Importer

AAA

DEFINITION of 'Net Importer'

A country or territory whose value of imported goods is higher than its value of exported goods over a given period of time.

A net importer is the opposite of a net exporter.

INVESTOPEDIA EXPLAINS 'Net Importer'

For example, Japan is one of the most industrialized nations in the world, but the bulk of the oil it requires is imported from other countries. Therefore, Japan is considered to be a net importer of oil. It is important to note that a country can be a net importer in a certain area, while being a net exporter in other areas. For example, Japan exports more technological devices than it imports, which makes Japan a net exporter in this area of the economy.

A country whose total value of all imported goods is higher than its value of all exports is said to have a negative balance of trade.

RELATED TERMS
  1. Price Scissors

    When the value of one set or sector of a group falls below the ...
  2. Terms of Trade - TOT

    The value of a country's exports relative to that of its imports. ...
  3. Balance Of Trade - BOT

    The difference between a country's imports and its exports. Balance ...
  4. Net Exports

    The value of a country's total exports minus the value of its ...
  5. Protectionism

    Government actions and policies that restrict or restrain international ...
  6. Import

    A good or service brought into one country from another. Along ...
Related Articles
  1. Bonds & Fixed Income

    Understanding Capital And Financial Accounts In The Balance Of Payments

    The current, capital and financial accounts compose a nation's balance of payments.
  2. Personal Finance

    What Is International Trade?

    Everyone's talking about globalization, so we explain what is it and why some oppose it.
  3. Forex Education

    Commodity Prices And Currency Movements

    Find out which currencies are most affected by fluctuations in gold and oil prices, and improve your trading.
  4. Economics

    What Is The World Trade Organization?

    The WTO sets the global rules of trade. But what exactly does it do and why do so many oppose it?
  5. Economics

    How does marginal cost of production relate to economies of scale?

    See how marginal cost of production relates to economies of scale, and why every company should be concerned with reducing its marginal costs.
  6. Economics

    How does a high discount rate affect the economy?

    Find out what would happen if the Federal Reserve decided to set a very high discount rate, the rate at which banks can borrow money from the Federal Reserve.
  7. Professionals

    How do companies measure labor supply in human resources planning?

    Find out how and why a company's human resources department would measure labor supply, and what policies would address a shortage or surplus.
  8. Investing

    Ex Works (EXW)

    Ex Works, or EXW, is an international legal trade term specifying that the seller is responsible to make his goods ready for pick-up at his place of business.
  9. Economics

    No Exit: What Could Happen If the Eurozone Breaks Up?

    There is no exit strategy for nations in the eurozone or the EU because most members acknowledge that they are far better off together than apart.
  10. Fundamental Analysis

    Why are OTC (over-the-counter) transactions controversial?

    Learn more about over-the-counter transactions, and why OTC traders are considered riskier than traders working with larger market exchanges.

You May Also Like

Hot Definitions
  1. Prospectus

    A formal legal document, which is required by and filed with the Securities and Exchange Commission, that provides details ...
  2. Treasury Bond - T-Bond

    A marketable, fixed-interest U.S. government debt security with a maturity of more than 10 years. Treasury bonds make interest ...
  3. Weight Of Ice, Snow Or Sleet Insurance

    Financial protection against damage caused to property by winter weather specifically, damage caused if a roof caves in because ...
  4. Weather Insurance

    A type of protection against a financial loss that may be incurred because of rain, snow, storms, wind, fog, undesirable ...
  5. Portfolio Turnover

    A measure of how frequently assets within a fund are bought and sold by the managers. Portfolio turnover is calculated by ...
  6. Commercial Paper

    An unsecured, short-term debt instrument issued by a corporation, typically for the financing of accounts receivable, inventories ...
Trading Center