Category: Economics

Trade Balance, Balance of Trade

Exports Data, Exporting Statistics, Export Information

International trade deficit, Balance of trade deficit

Trade deficit is a situation when in an economy the imports are more than the exports. In such as case the economy is highly dependent on the import of goods. There are various factors for the trade deficit, such as the country’s inability to produce goods and services, as per the needs of the country, failure of agricultural produce due to natural calamities, etc.

Import Volumes, Import Trade Volumes, Imports In Advanced Economies

Tariff, Tariffs

Developing Nations in International Trade – List of Developing Countries in International Trade

Canada Trade, Trade With Canada, Trade In Canada, Canadian Trade

Benefits of International Trade

International trade has flourished over the years due to the many benefits it has offered to different countries across the globe. International trade is the exchange of services, goods, and capital among various countries and regions, without much hindrance. The international trade accounts for a good part of a country’s gross domestic product. It is also one of important sources of revenue for a developing country.

Challenges before International Trade

Trade In UK

UK trade consists of the movement of goods and services within the European Union (EU), of which it is a member, and to non-EU countries. International trade in the UK is assisted by UK Trade & Investment (UKTI). This government organization focuses on enhancing the competitiveness of UK companies through overseas trade and investments. It also aims at continuing to attract high-quality foreign direct investment (FDI).