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Balance Of Trade

The balance of trade compares the value of a country’s exports of goods and services against its imports. When exports are greater than imports, that’s a trade surplus. Most nations view that as a favorable trade balance. A country that imports more goods and services than it exports has a trade deficit.

BALANCE OF TRADE (Million US $)
PERIOD
EXPORTS
IMPORTS
BALANCE OF TRADE
Feb-16
1,863
3,013
-1,150
Mar-16
1,989
3,235
-1,246
Apr-16
1,813
3,065
-1,252
May-16
1,971
3,804
-1,833
June-16
1,864
3,968
-2,104
Jul-16 P
1,503
3,087
-1,584
Aug-16 P
1,851
3,892
-2,041
Sep-16 R
1,687
3,236
-1,549
Oct-16 P
1,820
3,343
-1,523

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