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BALANCE OF EXPORTS AND IMPORTS

Statistics Directorate    
Definition:
The balance of exports and imports is defined as the f.o.b. value of exports of goods and services less the f.o.b. value of imports of goods and services. When no distinction between goods and services is required, it may be defined as the f.o.b. value of exports of goods and services less the c.i.f. value of imports of goods and services.

Source Publication:
Eurostat, OECD, 2007, Eurostat-OECD Methodological Manual on Purchasing Power Parities, OECD, Paris – Annex VII, Glossary of terms and abbreviations.

Hyperlink:
http://www.oecd.org/std/prices-ppp/37985110.pdf

Statistical Theme: International trade statistics

Created on Thursday, July 12, 2007

Last updated on Tuesday, March 26, 2013