Trade balance

A trade balance is the difference between an economy’s exports and imports.

Trade balance formula

When an economy’s imports are greater than its exports, the economy has a trade deficit. An economy whose exports are higher than imports has a trade surplus.

The trade balance is one of the components of the current account balance.

Feedback
Feedback
How would you rate your experience?
Do you have any additional comment?
Next
Enter your email if you'd like us to contact you regarding with your feedback.
Back
Submit
Thank you for submitting your feedback!