Balance of trade
The International trade balance indicator is the difference between exports and imports of goods. Exports of goods record flows from an EA/EU Member State to a non-EA/EU country while imports record inwards flows. Exports are expressed in value terms and measured free on board (FOB), while imports are expressed in value terms and measured "cost, insurance, freight" (CIF ). "Goods" means all movable property including electric current. Data are expressed in million euros. Data are presented in the calendar and seasonally adjusted form.
Definition:
Not available
Outcome type: economic impacts Category: Competitiveness
Connects to transition domains: Not available Unit(s) of measurement description:
Million euros
Unit of measurement:
Supply chain components:
Methodology:
Not available