Import Export Code (IEC) ... For example, if you want to do a trade in agricultural equipment, you can go for Brazil, which is the best in producing agricultural processing equipment.

The import and export price indexes ... For example, the import price index of 106.8 for consumer goods in October 2017 means that there was a 6.8% increase in import prices since 2000.

But visualizing an import/export operation itself can be difficul. ... What is an Import Export Code and who needs it? Vakil Search 22 Stories. Thursday January 24, 2013, 3 min Read.