You need to be sure your sequence setting matches
the frame size and aspect ratio of your source media.
To create a sequence that matches your footage, try this:
Once you have created a properly configured sequence,
you can copy (Ctrl+C) then paste (Ctrl+V) your already edited
clips into the newly created sequence.
Also:
Changing a Sequence to Match a Clip
http://www.video2brain.com/en/lessons/changing-a-sequence-to-match-a-c lip
Create a sequence
What's the best export format or codec?
http://www.video2brain.com/en/lessons/whats-the-best-export-format-or- codec