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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 (VALUE) IMPORTS (VALUE) BALANCE OF TRADE
Nov-16 R 1,860 3,954 -2,094
Dec-16 R 1,891 4,241 -2,350
Jan-17 R 1,811 4,328 -2,517
Feb-17 R 1,791 4,102 -2,311
Mar-17 R 2,075 4,303 -2,228
Apr-17 R 1,784 4,100 -2,316
May-17 R 1,963 4,622 -2,659
Jun-17 R 1,885 5,080 -3,195
Jul-17 P 1,828 4,720 -2,892
Aug-17 R 2,104 4,265 -2,161
Sep-17 P 1,744 3,911 -2,167

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