Favorable trade balance

Favorable trade balance

Condition that total exports of a nation exceed total imports, creating a net export.

Trade Surplus

The difference between the value of a country's exports and the value of its imports, where the value of exports is greater. Analysts disagree on the impact, if any, of a trade surplus on the economy. Some economists believe that a trade surplus creates employment and increases GDP growth. Others believe that the balance of trade has little impact. A trade surplus is also called a favorable balance of trade. See also: Trade deficit.
References in periodicals archive ?
China has made several public announcements and policy statements at several occasions, reiterating its intensions to take measures for reducing the current massive favorable trade balances she enjoys in trading with the South Asian countries.
Certainly the country's favorable trade balance, boosted by high commodity prices, expanding industrial exports, and the success of Brazilian multinational firms, creates the fiscal conditions to finance a gamut of social welfare programs that effectively lessen poverty and inequality; but are these policies sustainable and can they effectively target those regions and families that lag behind Brazil's journey toward grandeza and thereby undermine political support for economic globalization?
Other NAFTA advocates made similar rosy forecasts about the jobs that would be created and the favorable trade balance we would accrue with Mexico.
It already maintains a favorable trade balance with the United States.
Mexico currently enjoys a favorable trade balance with the three Central American nations.
They also suggest that trade patterns are influenced by subsidiary size, with only the largest subsidiaries associated with global trade patterns, and the largest subsidiaries contributing most heavily to favorable trade balance effects.
An example is the widely held view that a favorable trade balance is desirable in its own right.
The expectations of business during the last year of World War I were expressed in the slogan "Change from a debtor to a creditor nation." It was assumed the dollar would replace the pound in international trade and that the favorable trade balance given to the U.S.
Although President Bush now says that he will renew the status, the ardor of some in his Administration had cooled as a consequence of China's huge favorable trade balance with the United States, its disregard for American patents and copyrights and the revelation of its exploitation of prison labor to produce large quantities of textiles and electronic goods for export to the United States, Germany, Japan and other countries.
But signs exporters were rushing shipments before tariffs went into effect in the first week of July suggest the spike in the surplus was a one-off, with analysts expecting a less favorable trade balance for China in coming months as duties on exports start to bite.
Business ( Article MRec ), pagematch: 1, sectionmatch: 1 In terms of favorable trade balance, however, Eastern Visayas registered the highest positive trade balance during the third quarter at P16.94 billion as outflows exceeded inflows.
NCR also posted the most favorable trade balance as outflows of goods produced within Metro Manila outpaced inflows from the provinces by P15.5 billion.