Editing Export (section)

== Disadvantages  ==
Exporting may not be viable unless appropriate locations can be found abroad.<ref name="washington" />

High transport costs can make exporting uneconomical, particularly for bulk products.<ref name="washington" />

Another drawback is that trade barriers can make exporting uneconomical and risky.<ref name="washington" />

For [[small and medium-sized enterprises]] (SMEs) with fewer than 250 employees, export is generally more difficult than serving the domestic market. The lack of knowledge of [[trade regulation]]s, cultural differences, different languages and [[foreign exchange market|foreign-exchange]] situations, as well as the strain of resources and staff, complicate the process. Two-thirds of SME exporters pursue only one foreign market.<ref>Daniels, J., Radebaugh, L., Sullivan, D. (2007). International Business: environment and operations, 11th edition. [[Prentice Hall]]. {{ISBN|0-13-186942-6}}</ref>

Another disadvantage is the dependency on almost unpredictable exchange rates. The depreciation of foreign currency badly affects exporters. For example, Armenia exports different things - from foodstuff to software. In 2022, the country had an enormous number of Russian visitors and tourists because of the military situation in Russia. This resulted in a change in exchange rates and the appreciation of the Armenian dram. At first, it may seem that Armenia’s economy is growing. In fact, the GDP growth is expected to hit 7% by the IMF. However, exporters, who export products and get paid mostly in dollars, suffer because of the depreciation of the dollar against the Armenian dram. Moreover, Armenia’s other exporting bright spot is the IT industry, since a lot of companies and individuals work for US-based companies and get paid in US dollars. Because of the drastic change in the exchange rates, these people and companies who export their service to the US or other countries and get paid in US dollars, make around 25% less revenue.<ref>{{Cite web|url=https://eurasianet.org/armenias-economic-boom-hurts-tech-sector|title=Armenia's economic boom hurts tech sector &#124; Eurasianet|website=eurasianet.org}}</ref>

Exports could also devalue a local currency to lower export prices. It could also lead to imposition of tariffs on imported goods.<ref name=":2" />