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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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Aston Martin would be exempt from this escalation, as the U.K. and U.S. have a separate bilateral trade deal.

From The Wall Street Journal • May 5, 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

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

From Barron's • Mar. 2, 2026

The treaty, expected to come into force by the end of the year, eliminates tariffs on more than 90 percent of bilateral trade.

From Barron's • Jan. 20, 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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