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"trade exchange" is correct and usable in written English.
You can use it to refer to the process of exchanging goods and services as part of commerce. For example, "The trade exchange between India and China increased significantly in the past year."
Exact(60)
Trade, exchange and intermingling are the lifeblood of humanity.
There has always been trade, exchange and barter.
TRADE, EXCHANGE RATES AND BUDGETS Sterling hit a 14-year high against the German mark.
TRADE, EXCHANGE RATES AND BUDGETS The euro fell to an all-time low against the dollar.
TRADE, EXCHANGE RATES AND BUDGETS The euro continued to recover, rising by 2.2% against the dollar.
Its primary function is to facilitate trade, exchange of goods and services to mutual benefit.
TRADE, EXCHANGE RATES AND BUDGETS The euro strengthened by 1.1% against the dollar in the week to March 10th.
Switzerland's broad-money supply shrank.In this section MONEY AND INTEREST RATES EQUITY TRADING TRADE, EXCHANGE RATES AND BUDGETS STOCKMARKETS Reprints.
In this study the quality of policy is measured by inflation, openness to trade, exchange rates and so forth.
TRADE, EXCHANGE RATES AND RESERVES Britain's visible-trade deficit widened again, to $27 billion in the year to June.
TRADE, EXCHANGE RATES AND RESERVES In trade-weighted terms the dollar gained 0.8% in the week to May 28th.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com