Differences between Commerce and Trade

S.no

                                   Commerce

                                                     Trade

1)

Commerce refers to all those activities that bring about distribution of goods among consumers and users according to their tastes, needs and convenience.

Trade means buying and selling

2)

Commerce includes trade , banking , transportation , advertising , insurance , warehousing etc.

Trade is only the part of commerce.

3)

Commerce is wider in scope than trade.

Trade is narrower than commerce.