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  • Glossary item | Last updated: 22 Mar 2024

Commodity

Bioeconomy

Also called primary product or primary good, it is a good sold for production or consumption just as it was found in nature. Commodities include crude oil, coal, copper or iron ore, rough diamonds, and agricultural products such as wheat, coffee beans or cotton; they are often traded on commodity exchanges.

Eurostat b, Glossary, accessed 05 December 2023

Source category: EC Technical Documents