Definition, Meaning & Synonyms
overseas-market
noun
/ˈoʊvərˌsiz ˈmɑrkɪt/
Definition
A market that exists outside a country’s borders, where goods and services are sold to foreign consumers.
Examples
- The company expanded its operations to tap into the overseas market for organic products.
- Many businesses are looking to enter the overseas market to increase their sales and brand presence.
- Exporting goods to an overseas market can significantly boost a company’s revenue.
Meaning
Overseas market refers to the trade and commercial activities that occur in international markets beyond a nation’s own domestic market.
Synonyms
- International market
- Foreign market
- Global market
- Export market
