The trade balance is the record of what has been imported and what has been exported in a country during a specific period of time.

The imports of the trade balance contemplate data related to purchases from abroad.

The exports of the trade balance are closely linked to everything that has been produced in the country and sold abroad.

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Through the trade balance information is obtained about the difference between what is sold abroad and what is bought from other countries.

The trade balance balance

The trade balance balance can be:

Positive: It means that there is a commercial surplus, that is, that sales abroad exceed purchases. This result is ideal for a country, since it means that more economic resources will enter.

Negative: It means that there is a commercial deficit, that is, that imports are greater than sales abroad.

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