What is meant by IMPORT?

For LP's? any record not pressed in the United States.
Pressings from UK, Holland, Germany are USUALLY better masterings or pressings over those in U.S., for certain types of music and certain artists. usually rock/pop. BUT if the mastering tape originated here in the US sometimes US pressings are better in some ways. Japaneses imports are better in some ways, like quality of vinyl, quietness and lack of surface noise but worse in other ways, sound 'flat' lack of 'space' or have a hard 'etched' sound.

For Compact Discs I couldn't tell you anything...

If it's a RECORD LP then the import will probably not be better than the ORIGINAL U.S. pressing.
The only import pressing of a Dan record I found to be better was the German pressing of Royal Scam as the U.S. pressings all sucked (from noisy vinyl).
If you can afford it, buy both and A/B 'em for yourself.. it's a good test of listening ability and fun too.
I've done that with alot of records, had 3 or 4 different imports of some of my favorite records attempting to find the best sounding.

Audiofeil..
Well, you must have had better ones than me.. I think I had two U.S. pressings of Royal Scam and both suffered from noisy/distortion sounds like bad vinyl or vinyl with 'dirt' pressed into it... I had a 'shootout' of sorts with a german import, uk import and the said u.s. pressings. German Import won.
BUT.. I don't have a 10K table with a Triplanar arm (sure wish I did) and a Loricraft cleaner.

Mrmitch:
You are right about the Island UK pressings.

For all:
I recently picked up two very clean import pressings of two of my favorite records thinking/hoping they would be better.. when they were not.
1st was a UK import pressing of Weather Report's "Heavy Weather" now I used to have the orig. U.S. pressing bought as a teen back in 1977 but that one is long gone (and worn out by cheap shure carts) I have now the U.S. Columbia Half-Speed "audiophile" pressing of Heavy Weather, but have always thought it was a bit 'tipped up' in response and timbre. Alas, the UK pressing is good, but the 1/2 spd. still has better depth and space microdetails...Wayne Shorter's sax on some cuts I think is more accurate tone-wise on the UK pressing.
the other record is Jean Luc Ponty's "Imaginary Voyage" again used to have orig U.S. atlantic bought same year but again long gone worn out... Now I have a Japanese pressing of "Imaginary Voyage"... I just bought a German import pressing, and in a shoot out.. the German is NOT as good as the Japanese... I would have thought it would be the other way around.. German import must be using 2nd gen. tape as the sound is a little more 'processed' and somewhat lacking in immediacy esp. in the highs.
Oh well... I'll stick to the ones I had.
But it is fun to compare pressings...

Audiofeil:
One u.s. pressing that I think is exceptional is the 1st Eagles album on asylum, which I had. Great sound! That copy is really beat up now, bought it when I was 16. Got alot of play on my Garrard/shure outfit.
I have had several copies of "Shootout" and now have a 1st issue U.K. Island pressing, which has been the best so far.I love the song "Evening Blue"!
"The surface looks perfect but..noisy"
Yep, know all about it!
Regards