trade balance
Noun
Meaning
trade balance (plural trade balances)
(economics) The balance of trade.
Synonyms
Hypernyms
Examples
Although Djibouti runs a substantial surplus in its services balance, the surplus has been smaller than the deficit in the merchandise trade balance.
Another side-effect to watch is the deteriorating trade balance and current account, both of which are inversely related to growth (see chart below).
The trade balance, however, scored an increase of 11.3% compared to July, achieving 6.9 billion riyals in August.
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.
As a consequence, the trade balance showed a surplus in 1987, and the balance-of-payments in 1990 (first surplus since 1963).
Chile thus recorded a positive trade balance of US $2.3 billion in 2006.