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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 $)
PERIODEXPORTS (VALUE)IMPORTS (VALUE)BALANCE OF TRADE
Nov-16 R1,8603,954-2,094
Dec-16 R1,8914,241-2,350
Jan-17 R1,8114,328-2,517
Feb-17 R1,7914,102-2,311
Mar-17 R2,0754,303-2,228
Apr-17 R1,7844,100-2,316
May-17 R1,9634,622-2,659
Jun-17 R1,8855,080-3,195
Jul-17 P1,8284,720-2,892
Aug-17 R2,1044,265-2,161
Sep-17 P1,7443,911-2,167

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