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  • Economic Calendar Terms

    Trade Balance

    The Central Bank of the Russian Federation
    12,Neglinnaya Street,
    Moscow, 107016, Russia

    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.