Exports in International Trade and Factors Affecting the Export Performance of Businesses
Chapter from the book:
Uzun,
E.
&
Özbaş,
H.
(eds.)
2023.
Management, Finance and Accounting Approaches in Scope of International Trade and Logistics.
Synopsis
The importance of exports is increasing day by day for countries and businesses to continue their profitability and growth. Recognizing the contributions of exports to countries, lawmakers are trying to contribute by supporting companies with the necessary facilities, regulations and incentives to increase their export performance.
By evaluating the export performance of the firms, one may determine the indication of the success of the export activities of businesses that provide goods or services in the global market. Therefore, it is crucial from both micro and macro perspectives to identify the elements influencing the growth of a firm's export performance. The establishment of the appropriate competitive policies will benefit both decision makers and regional, sectoral, or firm-based decision makers as a result of the identification of the export performance antecedents of firms with varying export maturity levels. Three significant aspects, namely financial performance, marketing performance, and operational performance, stand out despite the lack of agreement in the research regarding the factors influencing firms' export performance. After introducing exports and the many forms of exports in global trade, this paper discusses key export performance criteria based on the literature.