Trade balance

RECENT NEWS
The Economic Times  10 hrs ago  Comment 
Sitharaman said India's foreign trade has increased from $42 bn in 1990-91 to $765 bn in 2013-14 with an AAGR of 13.42% & has increased 18 folds.
The Economic Times  Dec 18  Comment 
The gauge rallied by 519.50 points on October 31. The index had lost 1,120.97 points in the previous five sessions on weak economic data and rising trade deficit.
New York Times  Dec 18  Comment 
The Commerce Department said on Wednesday that the deficit in the current account rose to $100.3 billion in the third quarter, up 1.9 percent.
MarketWatch  Dec 17  Comment 
The U.S. current account deficit widened slightly to $100.3 billion in the third quarter from a revised $98.4 billion in the prior period, preliminary figures show. The increase stemmed from a bigger gap in secondary income and a lower surplus in...
Japan Today  Dec 17  Comment 
Japan's trade deficit in November shrank by nearly a third from a year earlier, helped by higher exports and lower bills for oil imports, official data showed Wednesday. The deficit came to 891.9 billion yen, down 31.5% from the year-before...
Reuters  Dec 15  Comment 
India's trade deficit widened to an 18-month high in November as demand for machinery and transport equipment soared, bolstering hopes of a sustained recovery in Asia's third-largest economy.
guardian.co.uk  Dec 10  Comment 
Deficit in goods decreases from £2.8bn in September to £2bn in October as exports rise £200m to £24.3bn and oil imports shrink Britain’s trade deficit narrowed to a seven-month low in October, as the country imported less oil and exports...




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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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