what is import export procedure

Export procedure 1.Receipt of enquiry and sending quotation 2.Receipt of order or indent 3.Assessing importer's creditworthiness &securing guarantee for payment 4.Obtaining export licence 5.Obtaining pre-shipment finance 6.production of goods 7.Pre-shipment inspection 8.Excise clearence 9.Obtaining certificate of origin 10.Reservation of shipping space 11.packing and forwarding 12.Isurance of goods 13.Custom clearence 14.Obtaining mate's receipt 15.payment of freight and insurace of bill of lading 16.Preparation of invoice 17.Securing payment Import procedure 1.Trade enquiry 2.procurement of import license 3.Obtaining foreign exchange 4.Placing order or indent 5.Obtaining letter of credit 6.Arranging for finance 7.Receipt of shipment advice 8.Retirements of import documents 9.Arrival of goods 10.Custom clearence

Exporting refers to selling of goods and services from the home country to a foreign country while importing the first to purchase of foreign productsand bringing them into one's home country for example India import medical devices from Korea.??