In the world of international business, it’s common place that some products, information and data can be restricted by the country it comes from as well as countries that may be receiving the material or goods. The reasons can vary from protecting local markets to preventing sensitive materials from being sold to the wrong parties outside. However, governments also understand that laws can often cover too much, making beneficial markets suffer. So a loophole is often created in the form of a temporary exportation/importation approval.
A temporary exportation allows a person or company to take restricted goods and materials out of a country for a temporary use and return. Commonly requested items can involve displays, samples, presentations, data and similar type products for conferences, research, trade shows and similar. The approach allows businesses to still develop trade and commerce while staying within the general rules of allowed exportation defined by the company’s government.
A temporary importation involves the other side of the picture, temporarily allowing a restricted item or product into a country for a short time window. Again, the common examples include trade and conference displays, research products and similar. However, the difference in this case is that the paperwork and permitting has to be obtained from the country being entered. And each country has its own list of allowed entry products, which can differ greatly from others as well as the country the product is coming from.