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bilateral trade

British  

noun

  1. a system of trading between two countries in which each country attempts to balance its trade with that of the other

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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The U.S. and Mexico have been holding talks on bilateral trade issues, but discussions with Canada have lagged.

From MarketWatch Jul. 20, 2026

He warned that the punitive penalties would be applied immediately and would completely "supersede" any existing bilateral trade agreements.

From BBC Jun. 26, 2026

He later travelled to Delhi for official talks before heading to Mumbai, where he met business leaders to explore investment opportunities and expand bilateral trade.

From BBC Jun. 2, 2026

Among the expected requests: large quantities of purchases by China, specifically for orders of soybeans, Boeing aircraft and American energy exports to slash the persistent bilateral trade deficit, The Wall Street Journal has reported.

From The Wall Street Journal Apr. 10, 2026

Socialist bilateral units arise from bilateral trade agreements with other communist countries.

From Area Handbook for Bulgaria by Baluyut, Violeta D.

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