Definition, Meaning & Synonyms

trade-partners

Noun

/treɪd ˈpɑːrtərz/

Definition

Entities or individuals that engage in the exchange of goods or services with one another.

Examples

The company’s trade partners include manufacturers, suppliers, and distributors.
International trade partners often have agreements to reduce tariffs and trade barriers.
Local businesses benefit significantly from their trade partners in the supply chain.

Meaning

Trade partners are typically businesses, organizations, or countries that collaborate to buy and sell products, enhancing their economic relationships.