Trade Balance

Date Time Left   Event Impact Previous Consensus Actual
Mar 21, 08:00  Trade Balance -€2.45B -€3.13B

Trade Balance

Trade balance, released by Instituto Nacional de Estadística, is the difference between the value of country's exports and imports, over a period of year. A positive balance means that exports exceed imports, a negative ones means the opposite. Positive trade balance illustrates high competitiveness of country's economy.



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