Balance of Trade
The value of exports less imports. Invisibles are normally excluded, and is otherwise referred to as merchantile or physical trade. Figures can be quoted on FoB/ FaS, customs cleared, or Fob export, FoB export.
The value of exports less imports. Invisibles are normally excluded, and is otherwise referred to as merchantile or physical trade. Figures can be quoted on FoB/ FaS, customs cleared, or Fob export, FoB export.