International Trade: A Clear Guide to Different Types

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Understand international trade: Explore import, export, transit, re-export, tangible, intangible, direct, and indirect trade types. Learn the key differences now!

Related Introduction

Understand international trade: Explore import,export,transit,re-export,tangible,intangible,direct,and indirect trade types.Learn the key differences now!

Several Trade Modes

By the movement of goods,international trade can be divided into export trade,import trade,transit trade,etc.; export trade and import trade are relatively easy to understand and will not be introduced here.Transit trade refers to the form of trade where goods must pass through a third country from the exporting country to the importing country; entrepot trade refers to the trade method where goods must be reloaded (unloaded,stored,reassembled,or modified) in a third country (or region) before being shipped to the exporting country.

By the form of goodsIt can be divided into visible trade and invisible trade.Visible trade is actually quite easy to understand—it refers to trade involving physical goods.Invisible trade,on the other hand,involves services that are "intangible," such as transportation,insurance,and finance.

By the route of goods,it can be divided into direct trade,indirect trade,triangular trade,etc.Direct trade refers to transactions conducted directly between buyers and sellers without intermediaries,and the goods do not need to pass through a third region.Indirect trade refers to transactions where the import and export parties conduct trade through a third party; triangular trade refers to transactions where the intermediary signs a purchase contract with the exporter and a sales contract with the importer,and the goods are shipped directly from the exporting country to the importing country.

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