What is a net importer:

A net importer is a country that buys more goods and services from other countries than it sells to them. This means it imports more than it exports.

How do net importers help?

• Access to more goods – People in the country get a wider variety of products, like food, clothes, tech, and fuel.

• Lower prices – Imported goods can sometimes be cheaper than local ones.

• Supports global trade – By buying from other countries, net importers help support jobs and businesses around the world.

• Fills supply gaps – If a country doesn’t produce enough of something (like oil or wheat), importing helps meet demand.

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