Worldwide trade in various commodities
For example agricultural goods, chemicals and fertilizers, metal and steel products and
many other types of goods, usually linked with or resulting from the types of operations
referred to seperately. (See also More Info)
Barter operations
These are to be considered the most elementary forms of exchange of goods. Normally
no payment takes place in either direction. Values of imports and exports are accounted
for in special accounts. This can either apply to individually linked import and export
transactions or to a number of transactions both on import and export side.
Countertrade operations
These refer to export transactions where the exporter is supposed to assume a particular
commitment to purchase certain goods back from the importer country. The forms differ
from country to country and can refer to purchase for the full export value or for a
lesser value either from one single enterprise or from various exporters in such
countries.
