foreign trade
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foreign trade
Trade in goods and services across a country's borders; the international exchange of goods.
Der Außenhandel ist für die deutsche Wirtschaft von entscheidender Bedeutung.
Foreign trade is of crucial importance for the German economy.
The word is made up of 'außen' (outside) and 'der Handel' (trade). So it literally describes trade that takes place with other countries (outside).
Der Außenhandel ist ein wichtiger Motor für die Wirtschaft.
Foreign trade is an important engine for the economy.
Common verbs used with 'Außenhandel' (foreign trade) are 'betreiben' (to engage in), 'fördern' (to promote), or 'stärken' (to strengthen). People also often speak of 'florierender' (flourishing) or 'rückläufiger' (declining) foreign trade.
Viele Länder versuchen, ihren Außenhandel durch Abkommen zu stärken.
Many countries try to strengthen their foreign trade through agreements.
'Außenhandel' (foreign trade) is a technical term from economics and politics. You often find it in the news, specialist articles, and official reports.
Die Regierung diskutierte neue Strategien zur Förderung des Außenhandels.
The government discussed new strategies for promoting foreign trade.
free trade
Both words relate to trade between countries. „Außenhandel“ refers to a country’s actual exchange with other countries, while „Freihandel“ means a system without tariffs, quotas, or other trade barriers. Use „Außenhandel“ when talking about flows of goods, and „Freihandel“ when talking about the conditions governing this exchange.
Der Außenhandel Deutschlands mit seinen Nachbarländern ist im letzten Jahr gewachsen.
Germany’s foreign trade with its neighboring countries grew last year.
Zwischen den beiden Ländern erleichtert der Freihandel den Austausch von Waren.
Free trade makes it easier for the two countries to exchange goods.
