Noun
trade balance (plural trade balances)
(economics) The balance of trade.
Although Djibouti runs a substantial surplus in its services balance, the surplus has been smaller than the deficit in the merchandise trade balance. Source: Internet
Another side-effect to watch is the deteriorating trade balance and current account, both of which are inversely related to growth (see chart below). Source: Internet
The trade balance, however, scored an increase of 11.3% compared to July, achieving 6.9 billion riyals in August. Source: Internet
As a result, the country's trade balance has fluctuated significantly from a deficit of almost US$800 million in 1998 to a surplus of US$1 billion in 2000. Source: Internet
As a consequence, the trade balance showed a surplus in 1987, and the balance-of-payments in 1990 (first surplus since 1963). Source: Internet
Chile thus recorded a positive trade balance of US $2.3 billion in 2006. Source: Internet