Global trade refers to the purchase or sale of goods or services outside geographical boundaries. It is a means of global economic interaction between the buyers and sellers of different countries.

International trade is the purchase and sale of goods and services by companies in different countries. Consumer goods, raw materials, food, and machinery all are bought and sold in the international marketplace.

In macroeconomics, trade usually refers to international trade, the system of exports and imports that connects the global economy. A product sold to the global market is an export, and a product bought from the global market is an import.

International trade is the exchange of capital, goods, and services across international borders or territories because there is a need or want of goods or services. (see: World economy)