Users, projects, tasks and time sheets can be exported
to Excel or in CSV format. Most reports are exportable as well. This feature is useful to archive data or to work offline. You can also use this feature to update tasks or users in bulk, and import them back afterwards. This can make you save lots of time since you can update lots of data faster than if you had to go through the web interface.
To export data, click the "Export" link whenever you see it, or go under "Administration -> Administrative Tools -> Export Data".