Why export is Important?

Export presents many advantages for firms as follow: 
1- Increases their sales and profits,
2- Enables firms to benchmark with their competitors and knows their strategies and what they have done to increase their market share globally,



3- Reduces the risk of market fluctuations by depending on many markets,
4- Diminishes unit cost by adopting mass production strategy,
5- Enhances firms and countries competitive advantage by gaining new technologies,
6- Support countries’s balance of trade.