invisible export

invisible export
Any export that does not have a tangible physical presence (e.g. expertise, insurance underwriting).

Although physical imports exceeded exports, when invisible exports were accounted for the balance of payments was healthy.


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  • invisible export —   the sale of a service to a customer overseas, particularly of financial products such as banking and insurance …   Geography glossary

  • invisible export — /ɪnˌvɪzəbəl ˈɛkspɔt/ (say in.vizuhbuhl ekspawt) noun a service, as the provision of banking commissions, insurance premiums, freight charges, etc., which earn foreign currency for the country providing them …  

  • invisible — Ⅰ. invisible UK US /ɪnˈvɪzəbl/ adjective ECONOMICS ► used to describe trade in services such as banking and insurance, that can be sold in foreign countries or to buyers from foreign countries: »The new invisible export figures are just out. »An… …   Financial and business terms

  • export — The customs procedure for taking Community goods out of the customs territory in order to ensure compliance with export restrictions (Art. 161 CC) EU Customs Glossary Movement of goods from the UK to a destination outside the EU, this includes… …   Financial and business terms

  • export — 1 noun 1 (U) the sale of goods to another country (+ of): The export of electronic equipment has risen sharply. | export market/industry/licence etc: Export licences for arms are strictly controlled. 2 (countable usually plural) a product that is …   Longman dictionary of contemporary English

  • export — ex|port1 W2 [ˈekspo:t US o:rt] n 1.) [U] the business of selling and sending goods to other countries ≠ ↑import export of ▪ a ban on the export of toxic waste for export ▪ bales of cloth for export to the continent export market/industry/earnings …   Dictionary of contemporary English

  • invisible — /ɪnˈvɪzəbəl / (say in vizuhbuhl) adjective 1. not visible; not perceptible by the eye: invisible agents of the Devil. 2. withdrawn from or out of sight. 3. not perceptible or discernible by the mind: invisible differences. 4. (of colours) of a… …  

  • invisible import — noun any import that does not have a tangible physical presence See Also: invisible export …   Wiktionary

  • invisible imports — Services bought from foreign countries, such as money spent by tourists abroad, etc (cf ↑invisible exports under ↑export) • • • Main Entry: ↑import …   Useful english dictionary

  • invisible exports — Such items in a national trade balance as money spent by tourists from abroad, etc (as opposed to visible exports, goods sold abroad by traders) • • • Main Entry: ↑export …   Useful english dictionary

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