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Balance of trade

Field Value
Description 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 specified
Driving force Economy
Outcome type Economic impacts
Category Competitiveness
Connects to transition domains None specified
Unit(s) of measurement Millions of euro (from 1.1.1999)/ECU (up to 31.12.1998)
Unit(s) of measurement description Million euros
SDG Targets SDG_8, SDG_17
Transition domain alignment Area_1 (Weak), Area_2 (Strong), Area_3 (Adequate), Area_4 (Strong)
Supply chain components Food processing, Primary food production, Retail
Methodology Not specified