Glossary

Export License

Tags: Glossary

An export license grants someone the right to conduct an export transaction.

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What is an Export License?

An export license is a type of U.S. export authorization document that grants someone the right to conduct an export transaction.

Export licenses are most commonly issued by government agencies. In some countries, export licenses are used to control the transfer of foreign exchange or to collect revenue.

The exporter is responsible for confirming whether a product requires an export license. This can be determined using the Commerce Control List, which lists categories and product groups to determine a product’s ECCN.