The trade balance is the set of imports y exports developed by a country on strictly commercial terms. Therefore, the meaning of the trade balance refers strictly to the volume of payments and the volume of collections made by that country.
The imports of the trade balance contemplate data directly related to the activity of a country outside its borders, abroad. For their part, the exports of the trade balance are closely linked to everything that has been produced and sold by the same country with the aim of being sold.
In this way, the balance of the trade balance is nothing other than the difference between exports and imports. Thus, in this operation there is no room for data related to the country in terms of services or capital transactions. For all this, there are two results of the trade balance with which we find: the superavit and faiteth. We will speak of a favorable trade surplus or balance when the volume of exports is higher than that of imports, and we will speak of a negative trade deficit or balance when the volume of exports is less than that of imports.