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  • Economic Calendar Terms

    Trade balance

    Statistics Austria
    A-1110 Vienna,
    Guglgasse 13

    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.