The Trade Industry worldwide

Q: How is the Trade Industry segmented?
A: Today's trade industry can be seen as a two-tiered pyramid:
Corporate Trade - Between businesses such as manufacturers, wholesalers and distributors, who trade surplus inventory and production capacity for needed resources.
Countertrade - Countertrade constitutes transactions between governments or multinational companies.

Q: How big is the Trade Industry worldwide?
A: The following factors point to the increasing popularity of Trade among members of the International Business Community -
• New Economy developments have boosted trade to about 30% of the world's $2.2 trillion annual business.
• The US Government has projected that by the year 2005, one out of every two dollars of business done between international communities will be accomplished via some form of trade .
• At present, the US is the leader in terms of the volume of trade transactions. Now Europe and Asia are also becoming more active in trade.
• The current growth rate of the Trade Industry is approximately 20% per year
• Nearly 3/4th of NYSE companies trade for goods and services.
• Over 400 of Fortune 500 companies use trade.