transatlantic trade

Cross-ocean business exchange

Transatlantic trade is commerce between countries on opposite sides of the Atlantic Ocean—typically between Europe and the Americas.

The term often appears in historical contexts, particularly regarding the slave trade that forcibly transported millions of Africans to the New World: the transatlantic trade in enslaved people.

In modern usage, it refers to economic exchange between the European Union and the United States: transatlantic trade agreements, transatlantic trade tensions.

Opposites
geographic scope

transatlantic tradedomestic trade

Commerce within national boundaries

local commerce · regional trade · local trade · autarky · self-sufficiency

economic flow direction

transatlantic tradeautarky

Complete economic independence

economic isolation · trade embargo · protectionism · self-sufficiency · economic nationalism

Family

trade, Atlantic, transatlantic

Familiarity
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