Macroeconomy/Finance

Trade balance reaches $20 bn surplus

The trade balance registered a surplus of $20.366 billion in the accumulated for 2020. The surplus occurs when exports exceed imports. When the opposite occurs, a trade deficit is recorded. Despite the positive amount, the result is 15.7% lower than the balance of $24.154 billion registered in the same period last year.

Source: G1

Categories: Macroeconomy/Finance