trade balance

Also found in: Legal, Financial, Encyclopedia, Wikipedia.

bal′ance of trade′


n.
the difference in value between imports and exports, said to be favorable to a country when exports are greater.
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.trade balance - the difference in value over a period of time of a country's imports and exports of merchandisetrade balance - the difference in value over a period of time of a country's imports and exports of merchandise; "a nation's balance of trade is favorable when its exports exceed its imports"
balance - the difference between the totals of the credit and debit sides of an account
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
Mentioned in
References in periodicals archive
The Ministry of Primary Industries will hold discussions with the Ministry of Agriculture and Agro-Based Industry as well as the Ministry of International Trade and Industry to discuss on measures to create a better trade balance between Malaysia and India for the palm oil market.
According to bank, the trade balance improvement trend in Georgia continued in 1Q2019 as well, with the deficit to same quarter GDP ratio at 6.2 percent - being historically low with an improvement of 5.7 percentage points year-on-year and with the strongest contribution of the trade in goods.
Release date- 15082019 - Indonesia's trade balance in July 2019 experienced in USD0.06 billion deficit, reversing the USD0.30 billion surplus recorded the month earlier.
The foreign trade balance was in surplus, amounting to Pound 133.1 million, down by Pound 261.5 million compared to last May, the Statistics Office data suggests.
Data Slate, Week of July 1: the holiday-shortened week of July 1 culminates with the June employment report, following the late-June producer sentiment reports, June vehicle sales, and May figures for the trade balance, factory goods, and construction spending.
Domestic trade balance tilts heavily toward Metro Manila !-- -- Czeriza Valencia (The Philippine Star) - June 21, 2019 - 12:00am MANILA, Philippines Domestic trade grew strongly in terms of volume in the first quarter of the year but weakened slightly in terms of value, the Philippine Statistics Authority (PSA) said.
The balance of Tunisia's trade balance posted a deficit of 8,106 MD, at the end of the first five months of the current year, according to figures of the INS, resulting from the deficit recorded with some countries, such as China (-2497.7 MD), Italy (-1,360.9 MD), Algeria (1,348.3 MD), Turkey (1,156.2 MD) and Russia (700 MD).
A widening trade balance increases the risk of President Donald Trump escalating the trade war particularly with China again in the run up to his bid for re-election in 2020, QNB has said in its weekly economic commentary.
The trade balance measures a country's imports and exports.
Iran and Belarus's trade balance was $154.1 million in the past Iranian calendar year which is unprecedented in the past 25 years, Oveysi noted.
Copyright © 2003-2025 Farlex, Inc Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.