What does Balance of Trade mean?
The difference between a country's total value of exports and its total value of imports.
A country has a trade surplus when its balance of trade is positive.
Balance of Trade in German, French, Spanish and Italian
GermanHandelsbilanz
Teil der Leistungsbilanz; Überschuss bedeutet mehr Exporte als Importe.
FrenchBalance commerciale
Différence entre la valeur des exportations et des importations de biens.
SpanishBalanza comercial
Registro de las importaciones y exportaciones de un país.
ItalianBilancia commerciale
Differenza tra il valore delle esportazioni e delle importazioni di merci.
Common phrases with Balance of Trade
- trade surplus balance of trade
- deficit balance of trade
- total value balance of trade
Synonyms and opposites for Balance of Trade
- Synonym Trade balance
- Synonym Net exports