It is a segment of the national economic accounting. The trade balance data records the amount of imports and exports of goods to and from a country.
In import and export activity, the trade balance is the difference between imports and exports in terms of the reference currency and determines the exchange rate of the respective currencies.
The trade balance can be in surplus, when the value of exports exceeds that of imports, generating incoming monetary capital, or in deficit, when the value of imports exceeds the value of exports, with consequent outflow of monetary capital from the state.
It is a fundamental indicator of the economic solidity and wealth of a country.
Trade balance
Trade balance, ultimi articoli su Money.it International
China’s exports fall back again, reigniting economists’ fears
Lorenzo Bagnato
12 April 2024 - 15:10
Exports from China declined much more than expected in March, worrying economists that Beijing’s crisis may be far from over.
Italy does not export services. The reasons for the decline
Money.it
23 February 2024 - 17:00
Although with a negative balance, Germany maintained its world market share of services exports higher than France, Spain, and Italy.