commodities exports

Commodities exports refer to when a country sells raw materials or primary goods—like oil, gold, coffee, or wheat—to other countries. These exports are crucial for economic growth and help countries earn foreign currency. The value of commodities exported depends on global demand and prices. Countries often rely on commodity exports to generate income, but prices can fluctuate due to supply, demand, or geopolitical factors, impacting a nation's economy. Essentially, commodity exports are a key part of international trade that supports industries and influences economic stability.