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  • Economic Calendar Terms

    Trade balance mm

    SCB - Statistics Sweden
    SCB, Box 24300,
    SE-104 51 STOCKHOLM
    46–8–506–940–00

    Trade balance 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