What is what does import mean?

Import refers to the process of bringing goods or services from another country into one's own country. It is an aspect of international trade, which involves both buying and selling of goods and services across international borders. Import often involves payment of duties, taxes, and other charges levied by the importing country's government. The goods and services imported may include raw materials, finished products, machinery, technology, and intellectual property. Imports are an important source of economic growth and development for many countries. They offer an avenue for acquiring and accessing resources and technologies that may not be available domestically.