This article is devoted to trade balance, its influence on the national currency, and to using it for Forex trading. What is Trade Balance? Trade Balance, or International Trade, is a macroeconomic index 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 of competitiveness of goods and services produced in the country. Trade Balance = Export - Import Depending on which index is bigger, Trade Balance can be positive or negative: Trade surplus appears when export exceeds import. Trade deficit means that import exceeds export. Countries present their Trade Balance monthly. It accounts for seasons and has several categories: Consumer goods Food Raw materials and Industrial supplies Autos Capital goods Other merchandise. As a rule, for F