An international trade refers to the exchange of goods and services outside the national territory and it is possible after the introduction of Liberalisation,Privatisation and Globalisation.It assumes the domestic economy should have close link with the world economy. There will be increased cooperation of domestic economy with the different economies of the world .International trade is not only confined to trade in goods only but it covers services too In this trade the country who have surplus production or having comparative cost advantage can sell their goods to the other country and import those goods in which they have maximum disadvantage in production.The concept of international trade is very significant from the economic growth point of view. As due to uneven distribution of natural resources the growth can suffer but trade makes it convenient to use even those goods which the country doesn’t produce, it is possible by trade.It is the prime need for the country like india which donot have sufficient resource to allocate at different areas,so it can import it easily,For ex: Petrol can easily availed through gulf countries to India by the international trade.