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What does countertrade mean?

Looking for the meaning or definition of the word countertrade? Here's what it means.

Noun
  1. (international trade) Exchange of goods or services that are paid for, in whole or part, with other goods or services.
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Examples
Countertrade will continue, but Finland has shown that some countertrade can be incorporated into an otherwise well-functioning market economy.
The combat aircraft were bought through a countertrade deal for Indonesian products and commodities.
After receiving the countertrade products, the exporter may then sell them to the end-user or to a merchant.
Trade-related services involve not only letters of credit but handing trade documentation, on demand guarantees and countertrade.
They aslo agreed not to encorage countertrade transactions which can be used only as a temporary measure in exceptional circumstances.
An exporter involved in countertrade may be required, in order to reach a market, to receive or have purchased goods or services from clients abroad, which may be done as a supplement to or instead of the monetary payment.

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