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Economic Calendar Terms

Trade balance

Statistics Austria
A-1110 Vienna,
Guglgasse 13
43–1––711–28–0

Total Trade Balance EUR. Trade balance, called also net export, is the difference between the value of country's exports and imports, over a period of time. A positive balance (trade surplus) means that exports exceed imports, a negative one means the opposite. Positive trade balance illustrates high competitiveness of country's economy. This strengthens investors' interest in the local currency, appreciating its exchange rate.

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