An international commodity agreement is an undertaking by a group of countries to stabilize trade, supplies, and prices of a commodity for the benefit of participating countries. An agreement usually involves a consensus on quantities traded, prices, and stock management. A number of international commodity agreements serve solely as forums for information exchange, analysis, and policy discussion.
As of 2023, the United States participates in one commodity trade agreement: the International Tropical Timber Agreement. The agreement establishes an intergovernmental organization with a governing council. The Office of the United States Trade Representative leads US participation in this agreement.