1) import (noun) = a commodity or service brought in from abroad.

• An import in the receiving country is an export from the sending country.

2) import (verb)

• India imports petroleum products from Gulf countries.

3) IMPORT (noun) = what is implied, the implicit meaning or significance of something; gist, sum and substance, tenor, implication.

• The import of her message is clear.
• What is the import of the statement?
• Prof. Martin of Federal College explained in detail the import of the legal term ‘Commodatum’.