commodity export

Frequency: 7.211.2 per million words

The act of selling a raw material or primary product to another country.

commoditycommodity + NOUN

Categories:

export

Examples (10)

  • Brazil's economy relies heavily on commodity exports, such as coffee and soybeans.
  • Fluctuations in global prices can negatively impact a nation's commodity export earnings.
  • The government is implementing new policies to diversify away from its dependence on a single commodity export.
  • The increase in oil prices boosted the value of their main commodity export.
  • Historically, the country's wealth was built on the commodity export of rubber and tin.
  • Analysts predict that the demand for this particular commodity export will grow next year.
  • A key component of their trade strategy is the promotion of value-added products over raw commodity exports.
  • Many developing countries are vulnerable to shocks in the markets for their primary commodity exports.
  • Improving port infrastructure is crucial for facilitating efficient commodity export.
  • The nation is shifting its economic focus from commodity export to technology and services.