Trade in goods

Trade in goods refers to the exchange of physical products—such as machinery, food, clothing, or electronics—between countries. It allows nations to access items they don't produce themselves or to sell their products to others, fostering economic growth and specialization. This international movement involves importing goods from abroad and exporting goods to other countries, contributing to global commerce. The process is influenced by factors like tariffs, trade agreements, transportation, and demand, shaping how countries benefit from and participate in the global market.