The U.S. Department of Commerce estimates that 20 to 25% of world trade is now barter, and corporate barter is now a 20 billion dollar industry. Barter continues to carve out an important place in the U.S. and world economy.
Monday, January 7, 2013
FACT: A Multi-Billion Dollar Industry
According to the International Reciprocal Trade Association (IRTA)
estimates just in the U.S., over 470,000 companies actively participate
in barter (trade) for a total of over $12 billion in annual sales. Over 65% of
the corporations listed in the New York Stock Exchange are presently
using Barter to reduce surplus inventory and bolster sales and to
ensure that production facilities run at near capacity.
The U.S. Department of Commerce estimates that 20 to 25% of world trade is now barter, and corporate barter is now a 20 billion dollar industry. Barter continues to carve out an important place in the U.S. and world economy.
The U.S. Department of Commerce estimates that 20 to 25% of world trade is now barter, and corporate barter is now a 20 billion dollar industry. Barter continues to carve out an important place in the U.S. and world economy.
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