IMPORT EXPORT CODE or IEC refers to a 10-digit identification number that is issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industries, Government of India to the applicant who is involved in any kind of import or export of goods or services from India. Is IE Code imperative? Who needs it? Yes IE Code is imperative for importer and exporter in India. The individuals or business organisations who are engaged in importing or exporting goods and services from India, need IEC. Individuals who are proprietors of a business can obtain IE Code in their name.