Export-oriented
Encyclopedia
An export-oriented company is one which produces goods mainly for export
Export
The term export is derived from the conceptual meaning as to ship the goods and services out of the port of a country. The seller of such goods and services is referred to as an "exporter" who is based in the country of export whereas the overseas based buyer is referred to as an "importer"...

s, rather than for the domestic market. The term is commonly used to describe factories
Factory
A factory or manufacturing plant is an industrial building where laborers manufacture goods or supervise machines processing one product into another. Most modern factories have large warehouses or warehouse-like facilities that contain heavy equipment used for assembly line production...

 in developing countries producing goods for developed countries.

Such companies are heavily dependent on the exchange rate
Exchange rate
In finance, an exchange rate between two currencies is the rate at which one currency will be exchanged for another. It is also regarded as the value of one country’s currency in terms of another currency...

, usually wanting their domestic currency to be weak, as this allows them to sell their products cheaply abroad.
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