Counterpurchase

A Counterpurchase is an international trading deal wherein an exporter sells goods or services to an importer and also buys other goods or services from the importer.

What is Counterpurchase ?
A Counterpurchase is a transaction agreement in which an exporter purchases goods from a foreign country, and in exchange, the country purchases other goods from the exporter. This trade occurs within a specified period of time and under separate sales contracts.