What version of Premiere Elements do you have and on what computer operating system is it running?
Please review the following workflow.
But please also determine if your project goal is supported by
a. format of your source
b. computer resources
More later based on details that you will post.
Premiere Elements 13 and Windows 7.
I have 2GB MP4 Video file, which I want to split and export the files seperately.
The approach in the link in post 1 should work for you in Premiere Elements 13. The fundamentals include:
Expert workspace, trimming video in its Preview Window (Set In and Set Out points), and creating subclips in folders as
source media in Project Assets or dragging a trim from Preview Window to the Timeline for export.
Please review the blog post for the how to as described in the link cited in post 1.
If any questions or need clarification, please do not hesitate to ask.