Commodity Export
/kəˈmɒdəti ˈɛkspɔːrt/
Definitions
- (n.) The transfer of raw materials or primary agricultural products from one country to another, often subject to international trade laws and regulations.
The country's commodity export significantly impacts its trade balance.
Forms
- commodity export
- commodity exports
Related terms
See also
Commentary
In legal contexts, 'commodity export' often involves compliance with tariffs, quotas, and sanctions, making precise definition crucial for contracts and regulatory frameworks.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.