Meaning of “domestic market” in the English Dictionary

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"domestic market" in Business English

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domestic marketnoun [ C ]


the number of customers who buy or may buy products and services offered by companies within their own country:

The firm has decided to sell its European operations and concentrate on its domestic market.
We are poised for huge sales expansion in the domestic market over the next few years.
Firms are being encouraged to produce for the domestic market.

(Definition of “domestic market” from the Cambridge Business English Dictionary © Cambridge University Press)