Wholesale Trade Agents & Brokers
Key Figures
Figures are published for NAICS 425120 directly.
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Official definition
This industry comprises wholesale trade agents and brokers acting on behalf of buyers or sellers in the wholesale distribution of goods. Agents and brokers do not take title to the goods being sold but rather receive a commission or fee for their service. Agents and brokers for all durable and nondurable goods are included in this industry.
Source: US Census Bureau, 2017 NAICS Definitions. Public domain.
Illustrative examples
- Independent sales representatives
- Manufacturers' sales representatives
Which code does this activity belong in?
Wholesale trade agents and brokers act on behalf of buyers or sellers but do not take title to goods; they earn commissions or fees for facilitating transactions in durable and nondurable goods. This distinguishes them from business-to-business electronic markets, which operate platforms where buyers and sellers transact directly rather than through intermediaries who negotiate on their behalf.