world market
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world market
The global market on which goods, services, and capital are traded internationally. Prices on the world market are determined by worldwide supply and worldwide demand.
Die Preise für Kaffee werden stark vom Weltmarkt beeinflusst.
Coffee prices are strongly influenced by the world market.
This word is easy to understand if you break it down into its parts: 'Welt' (world) and 'Markt' (market). So it literally describes a market that includes the whole world.
Deutsche Autos sind auf dem gesamten Weltmarkt sehr beliebt.
German cars are very popular across the entire world market.
When talking about activities or conditions on the global market, you almost always use the preposition 'auf' with the dative: 'auf dem Weltmarkt' (on the world market).
Viele Unternehmen müssen auf dem Weltmarkt konkurrenzfähig sein.
Many companies have to be competitive on the world market.
In an economic context, 'Weltmarkt' (world market) is often combined with words such as 'Preise' (prices), 'Handel' (trade), 'konkurrieren' (to compete), or 'produzieren' (to produce). Typical adjectives are 'global' (global) or 'international' (international).
Das Unternehmen produziert hauptsächlich für den asiatischen Weltmarkt.
The company produces mainly for the Asian world market.
world trade
Both words refer to the international exchange of goods, services, and capital. The „Weltmarkt“ is primarily the global market, with its prices, supply, and demand. „Welthandel“ refers more to the actual trade taking place between countries.
Der Preis für Kaffee wird stark durch Angebot und Nachfrage auf dem Weltmarkt beeinflusst.
The price of coffee is strongly influenced by supply and demand on the world market.
Der Welthandel mit Kaffee verbindet Produzenten und Käufer in vielen Ländern.
World trade in coffee connects producers and buyers in many countries.
