What is IEC Code in Export? IEC, or Import-Export Code, is a 10-digit identification number issued by the Directorate General of Foreign Trade (DGFT) in India. It is a mandatory requirement for businesses or individuals involved in international trade, specifically for those who wish to engage in the import or export of goods and services from India. 1. Essential for International Trade: The IEC code is a crucial document for any entity that wants to participate in cross-border trade activities.