International trade is the exchange of capital, goods, and services across international borders or territories.
When trade takes place between two or more nations factors like currency, government policies, economy, judicial system, laws, and markets influence trade.
To smoothen and justify the process of trade between countries of different economic standing, some international economic organisations were formed, such as the World Trade Organization. Statistical services of intergovernmental and supranational organisations and national statistical agencies publish official statistics on international trade.
