"import competition" is correct and usable in written English.
You can use it to describe a situation in which companies from other countries compete with local companies. For example, "The introduction of import competition has resulted in decreasing prices for consumers."
The study finds that higher initial industry concentration, and increased import competition in initially competitive industries are associated with worse labor market outcomes for women in terms of both relative wages and employment.
In initially competitive industries, increased import competition is associated with higher gender wage gaps and lower female employment.
They more than most have lost jobs to import competition.
Until then, manufacturers of consumer goods faced virtually no import competition.
Import competition has improved Mexican manufacturing productivity; foreign direct investment has surged.
Producer groups affected by import competition obviously will suffer, to at least some degree.
Trade adjustment assistance – payments to US workers affected by import competition – has not offset the effects of job losses.
Clever engineering, appealing styling and savvy marketing gave the Dart its best sales years in the early 1970s, even against growing domestic and import competition.
Had it waited until China joined the WTO, it might have avoided many of the local-content rules or at least been prepared for import competition.
Wage growth might easily be kept in check by import competition or the possibility of expanded outsourcing.None of this is certain, of course.
Our finding that increased exposure to import competition is associated with lower manufacturing employment and lower wages in exposed local labor markets in no way contradicts this logic.
