Exportoriented
Export-oriented refers to an economic orientation that prioritizes the production of goods and services for sale in external markets rather than for domestic use. At the level of a country, an export-oriented economy pursues export-led growth by integrating into global trade through liberalized markets, stable macro policies, and institutions designed to enhance international competitiveness. Policy tools commonly associated with export orientation include currency policies aimed at maintaining price competitiveness, investment in infrastructure and logistics, export financing and credit guarantees, customs simplification, and the creation of special economic zones to facilitate manufacturing for foreign buyers. Trade liberalization and participation in international agreements are often pursued alongside selective support for key export industries.
Historically, export-oriented growth became prominent in parts of East Asia in the late 20th century, where
Metrics used to assess export orientation include the export-to-GDP ratio, export growth, and the diversity or
Note: the standard spelling is export-oriented; some texts use a concatenated form exportoriented, though this is