Step 1: Do a Yum Install

# yum install nfs-utils rpcbind

Step 2: Enable the Service at Boot Time

# systemctl enable nfs-server
# systemctl enable rpcbind
# systemctl enable nfs-lock     (it does not need to be enabled since rpc-statd.service  is static.)
# systemctl enable nfs-idmap    (it does not need to be enabled since nfs-idmapd.service is static.)

Step 3: Start the Services

# systemctl start rpcbind
# systemctl start nfs-server
# systemctl start nfs-lock
# systemctl start nfs-idmap

Step 4: Confirm the status of NFS

# systemctl status nfs

Step 5: Create a mount point

# mkdir /shared-data

Step 6: Exports the Share

# vim /etc/exports
/shared-data 192.168.0.0/16(rw,no_root_squash)

Step 7: Export the Share

# exportfs -rv

Step 8: Restart the NFS Services

# systemctl restart nfs-server

Step 9: Configure the Firewall

# firewall-cmd --add-service=nfs --zone=internal --permanent
# firewall-cmd --add-service=mountd --zone=internal --permanent
# firewall-cmd --add-service=rpc-bind --zone=internal --permanent

References:

1. How to configure NFS in RHEL 7
2. What firewalld services should be active on an NFS server in RHEL 7?