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  • Economic Calendar Terms

    Trade balance

    Statistics Finland
    Tyƶpajankatu 13,

    Finland Total Trade Balance.

    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.