BALANCE OF TRADE - BOT
The difference between imports and exports of a country. The balance of trade is the largest part of the balance of payments of a country. Debit items include domestic investments abroad, domestic spending abroad, foreign aid, and imports. Credit items include foreign investments in the domestic economy, foreign spending in the domestic economy, and exports. A country will acquire a trade deficit if the imports exceeds its exports; a trade surplus will arise if the opposite scenario happens.
Also called as "international trade balance" or simply "trade balance."
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 03:30 | CPI | May | |
| 03:30 | PPI | May | |
| 05:03 | Trade Balance | May | |
| 07:00 | Economy Watchers Survey | May | |
| 16:00 | Wholesale Inventories | Apr | |
| 01:01 | BRC Retail Sales Monitor | May | |
| 01:50 | M2 Money Supply + CD | May | |
| 02:30 | Westpac Consumer Sentiment | Jun | |
| 03:30 | NAB Business Confidence | May |
