Trade balance

RECENT NEWS
Commodity Online  Oct 20  Comment 
India's trade deficit for September has widened to $14.25 billion due to rise in Gold and Oil imports. This phenomenal increase in trade deficit was mainly due to unusual growth of 450% per cent in imports of Gold.
Reuters  Oct 16  Comment 
The rupee posted its biggest single-day loss in a month, hurt by data showing a widening trade deficit and a slump in local shares as part of a global market sell-off, but intervention from the central bank prevented steeper losses.
The Economic Times  Oct 16  Comment 
Weaker rupee contrasted with Asian currency gains across the region.
newratings.com  Oct 16  Comment 
BRUSSELS (dpa-AFX) - The Eurozone trade surplus increased in August as the decline in imports was larger than the fall in exports, data from Eurostat showed Thursday. The trade surplus rose to a seasonally adjusted EUR 15.8 billion in August...
Resource Investor  Oct 15  Comment 
India’s trade deficit doubled during September, thanks to sharp rise in gold and silver imports.
newratings.com  Oct 15  Comment 
OSLO (dpa-AFX) - Norway's merchandise trade surplus in September increased from a year ago, as exports grew faster than imports, figures from Statistics Norway showed Wednesday. The trade surplus grew to NOK 21.623 billion from NOK 18.908...
The Hindu Business Line  Oct 14  Comment 
Exports inched up 2.73% while imports shot up by 26%; gold imports surge 450% to $3.7 b
Reuters  Oct 14  Comment 
India's trade deficit widened to $14.25 billion in September following a jump in oil and gold imports, government data showed on Tuesday.
Commodity Online  Oct 14  Comment 
The comparatively less developed manufacturing sector in India and greater reliance on primary products in India's trade basket is proving to be an impediment. The limited market access afforded to Indian products in China is also a contributing...
The Hindu Business Line  Oct 13  Comment 
The rupee ended stronger at 61.10 against the dollar as falling global oil prices helped narrow trade deficit and aid to lowering inflation. India’s trade deficit narrowed to $10....




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Trade Balance, also known as net exports, measures the difference between the value of goods a country exports and the value of the goods it imports. A positive trade balance indicates the country has a trade surplus and a negative trade balance means the country has a trade deficit. A country's trade balance is an essential value when calculating gross domestic product and is also useful when measuring to degree to which a country relies on imported goods.

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