trade balance

The recent decline in the value of the Japanese yen affected the trade balance, as it cost more in yen to import and boosted the value of exports when converted to yen.

In fact, the quality of our agricultural bounty is one reason Washington had a positive trade balance with China for many years, something no other state could claim.

"When we look at the trade balance between Colombia and China, we find a great imbalance, a great inequality, a product of the economic history of the two countries," Petro told Xi on Wednesday.

The Asia and Pacific regional economic data and events calendar is fairly light on Tuesday, with the latest Japanese current account figures, Australian business confidence indexes and Philippines trade balance data the main highlights.

"The tightening of the trade balance should boost GDP as foreign consumers buy more American goods and as the manufacturing industry comes off its bottom," said Veronica Clark, an economist at Citigroup in New York.