{"id":10211,"date":"2021-10-21T20:07:06","date_gmt":"2021-10-21T17:07:06","guid":{"rendered":"https:\/\/roboforex.com/blog\/?p=10211"},"modified":"2023-06-22T17:44:33","modified_gmt":"2023-06-22T14:44:33","slug":"trade-balance-how-to-use-it-in-forex","status":"publish","type":"post","link":"https:\/\/roboforex.com/blog\/blog\/2021\/10\/21\/trade-balance-how-to-use-it-in-forex\/","title":{"rendered":"Trade Balance: How to Use It in Forex"},"content":{"rendered":"\n

This article is devoted to trade balance, its influence on the national currency, and to using it for Forex<\/a> trading.<\/p>\n\n\n\n

<\/span><\/a>What is Trade Balance?<\/span><\/h2>\n\n\n\n

Trade Balance, or International Trade, is a macroeconomic index<\/a> that demonstrates the difference between the added up prices of all exported goods and added up prices of all goods imported in the country over a certain period. In other words, this is the difference between export and import volumes in monetary terms. Trade balance is one of the key indicators<\/a> of competitiveness of goods and services produced in the country.<\/p>\n\n\n\n

Trade Balance = Export - Import<\/strong><\/p>\n\n\n\n

Depending on which index is bigger, Trade Balance can be positive or negative:<\/p>\n\n\n\n