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What is the difference between "commodity" and "goods"?

is that commodity is (obsolete) convenience; usefulness, suitability while goods is (business|economics|plurale tantum) that which is produced, then traded, bought or sold, then finally consumed. Other Comparisons: What’s the difference? (obsolete) Convenience; usefulness, suitability. Anything movable (a good) that is bought and sold.

What is considered as a commodity?

Commodities are essential raw materials and other basic goods that are considered uniform in quality and therefore interchangeable. Examples of commodities include oil, natural gas, metals such as steel and gold, and agricultural products including corn, wheat and sugar.

What is the difference between commodities and merchandise?

is that commodity is (obsolete) convenience; usefulness, suitability while merchandise is (uncountable) commodities offered for sale. (archaic) to engage in trade; to carry on commerce. (obsolete) Convenience; usefulness, suitability.

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