Definition

Noun: - Foreign trade: The commercial activity of buying and selling goods and services between different countries. It involves the import and export of commodities across international borders.

Usage Examples

• Noun:
  • Việt Nam đang đẩy mạnh hoạt động ngoại thương. (Vietnam is promoting foreign trade activities.)
  • Chính sách ngoại thương có ảnh hưởng lớn đến nền kinh tế. (Foreign trade policy has a major influence on the economy.)
  • Anh ấy làm việc trong lĩnh vực ngoại thương. (He works in the field of foreign trade.)

Advanced Usage

• The term is often used in formal, economic, and policy contexts to discuss a nation's international commerce.
• It can be part of compound terms in specialized fields, but these are distinct from the core noun.

Variants and Related Words

• Xuất khẩu (v/n): to export; export. The act of sending goods to another country for sale.
  • Xuất khẩu gạo là một phần quan trọng của ngoại thương. (Rice export is an important part of foreign trade.)
• Nhập khẩu (v/n): to import; import. The act of bringing goods into a country from abroad for sale.
  • Nhập khẩu máy móc cần có giấy phép. (Importing machinery requires a license.)
• Thương mại quốc tế (n): International trade. A near-synonymous phrase often used in academic and formal contexts.

Synonyms

• International trade: The exchange of goods and services between countries.
• External trade: Another term for trade with foreign nations.

Related Terms and Phrases

• Cán cân ngoại thương: Balance of trade. The difference between a country's exports and imports.
  • Cán cân ngoại thương của nước ta đang thặng dư. (Our country's balance of trade is in surplus.)
• Bộ Công Thương: Ministry of Industry and Trade. The government body often overseeing foreign trade matters.
• Hiệp định ngoại thương: Foreign trade agreement. A treaty governing trade relations between countries.

noun

1. foreign trade