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

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Example Sentences

"Our target is to reach $50 billion in bilateral trade," Modi said.

From Barron's • Mar. 2, 2026

The E.U. and U.S. have the largest bilateral trade and investment relationship in the world and, while all bets appear to be off, these two economies are still largely dependent on each other.

From MarketWatch • Jan. 20, 2026

Chinese investments have poured into Mexico over the past years, ballooning bilateral trade.

From The Wall Street Journal • Dec. 11, 2025

The administration paints a picture of a bilateral trade relationship that had shifted over the decades to one in which the U.S. and China were “near-peers.”

From The Wall Street Journal • Dec. 6, 2025

Bilateral clearing units arise from bilateral trade and payments agreements with about thirty noncommunist trading partners.

From Area Handbook for Bulgaria by Baluyut, Violeta D.