Calculate trade balance and current account metrics
Trade Balance: The difference between a country's exports and imports. Surplus = exports > imports; Deficit = imports > exports.
Current Account: Includes trade balance plus net income from abroad and net transfers.
Trade Surplus: Indicates a country is a net lender to the world, exporting more than it imports.
Trade Deficit: Indicates a country is a net borrower, importing more than it exports.
Economic Impact: Trade deficits can indicate strong domestic demand but may also signal competitiveness issues.