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 industry plummets: economists call for urgent measures
Lorenzo Bagnato
30 June 2024 - 19:25
The Chinese economy is slowing down, its industry is stagnating. Many economic experts believe Beijing needs to act quickly with economic stimuli.
Tariffs are bad policy, but good politics
Financial Times
15 June 2024 - 16:59
There are excellent reasons why we may want to intervene in the economy but these taxes will rarely be the best way.
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.