The trade balance of goods and services is the difference between exports of goods and services and imports of goods and services. A positive balance indicates that exports exceed imports by value (trade surplus). On the contrary, a negative balance indicates that imports exceed exports by value (trade deficit). Data is in current US dollars.
Original source of the data: World Bank
Edition: Elvis Mugisha
Creation date: 26-07-2018
Updated: 30-09-2020
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License ODbL 1.0./Creative Commons
Tags: trade balance