The Balance of Trade is the difference between the monetary value of a nation's exports and imports over a specific period. A positive balance is known as a trade surplus, while a negative balance is a trade deficit. It is a major component of the current account and provides insights into a country's economic relationship with the rest of the world.
The figure is calculated by subtracting the total value of imported goods and services from the total value of exported goods and services. The data is collected from customs records and adjusted for seasonal factors.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Dec 9, 2024 | 2028.00 | 5200.00 | -3172.00 |
| Sep 12, 2024 | 1717.00 | 1950.00 | -233.00 |
| Jun 12, 2024 | 2158.00 | 1100.00 | +1058.00 |
| Mar 8, 2024 | 1700.00 | 800.00 | +900.00 |
| Dec 4, 2023 | 152.10 | 1300.00 | -1147.90 |
