Who are trading partners?

Trading partners are two or more companies, organizations, businesses that exchange or trade their offerings such as goods, services, resources and/or assets in the international environment while trying to gain financial advantages or other business value, and that maintain an ongoing commercial agreement over time to provide such exchanges. The companies engage in trading for mutual benefits like: - Expanding market - Economies of scale and scope (by leveraging each other's resources more economically), - Technological advantages - Risk reductions