|Medium||€-2.036 B||€-2.273 B||
Spanish Trade Balance is a report reflecting the difference between national exports and imports, as well as the movement of capital over a selected period. Economists use the Trade Balance to evaluate the structure of trade flows between countries. This is a macroeconomic indicator which offers information about the economic situation in the country as a whole, allows you to find out all the income the country received from other countries, for example, in the form of imports and exports of goods, services, capital or transfers over a certain period of time.
The Trade Balance structure includes four basic components:
Two types of trade balance exist depending on the results obtained:
Countries generally do not seek equality between each of these metrics separately, but they usually try to achieve the equilibrium of the trade balance. The impact of the Trade Balance on euro quotes is ambiguous and depends on the context of business cycles and other economic indicators, such as GDP.
The chart of the entire available history of the "Spain Trade Balance" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.
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The Calendar data are provided as is. The economic news release frequency and schedule, as well as the economic parameters' values may change without our knowledge. You can use the provided information, but you accept all the risks associated with making trade decisions based on the Calendar data.