What thas it means imvisible trade?

Invisible trade refers to the exchange of services rather than goods, which cannot be physically seen or touched. This includes activities like tourism, banking, insurance, and consultancy, where the value is generated through the provision of services. Unlike visible trade, which involves tangible products, invisible trade plays a crucial role in many economies by contributing to GDP and fostering international relationships. It highlights the significance of service-oriented sectors in global trade.