What does international trade include?

International trade, also known as commerce, refers to the cross-border transaction of goods and services, which is generally composed of import trade and export trade, so it can also be called import and export trade.

1. According to the flow direction of goods, international trade can be divided into import trade, export trade and entrepot trade.

According to statistical standards, international trade can be divided into general trade and special trade.

3. According to the commodity form, international trade can be divided into visible trade and invisible trade.

According to whether the third party participates in international trade, it can be divided into direct trade, indirect trade and entrepot trade.

5. According to the amount of international trade of participating countries, it can be divided into bilateral trade and multilateral trade.

According to the means of payment, international trade can be divided into cash trade, bookkeeping trade and barter trade.

7. According to the mode of cargo transportation, international trade can be divided into land trade, maritime trade, air trade and mail order trade.

According to the level of economic development, international trade can be divided into horizontal trade and vertical trade.

9. International trade can be divided into South-South trade, North-South trade and North-North trade by region.

International trade in goods belongs to the category of commodity exchange, which is not different from domestic trade in nature, but because it is carried out between different countries or regions, it has the following characteristics compared with domestic trade:

International trade in goods involves possible differences and conflicts in policies, measures and legal systems of different countries or regions, as well as differences brought about by language, culture and social customs, and the issues involved are far more complicated than domestic trade.

International trade in goods generally involves large transaction amount, long transportation distance and long performance time, so the risks borne by both parties are far greater than domestic trade.

International trade in goods is easily influenced by political and economic changes, bilateral relations and changes in the international situation in the countries where both parties to the transaction are located.

In addition to the two sides, international trade in goods also involves the cooperation and cooperation of transportation, insurance, banking, commodity inspection and customs, and the process is much more complicated than domestic trade.

References:

Baidu encyclopedia-international trade