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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

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

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

"President Trump has clearly lost patience with EU efforts to implement its commitments under the bilateral trade deal concluded months ago," former US trade official Wendy Cutler told AFP.

From Barron's • May 1, 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

It is not clear whether Lam will meet with Trump and discuss bilateral trade ties.

From Barron's • Feb. 17, 2026

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

From Area Handbook for Bulgaria by Baluyut, Violeta D.