The
balance of trade is the net difference between the value of exports and
imports, if value of exports is more than value of import then it is known as
trade surplus (foreign exchange increasing) and if value of import is more than
value of exports then it is known as trade deficit (foreign exchange decreasing).Balance
of trade also known as commercial balance and net export.
Balance of trade = Value of exports – Value
of imports
India balance of trade
Balance of Trade in India is reported by the Ministry of
Commerce and Industry, India monthly.
India Balance of trade from October 2014 to September 2015. 