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8 May, 2015 - 11:07

Net exports is the difference between total exports and total imports. It is equal to the trade or merchandise balance of payments. When imports exceed exports (and the balance of payments is in deficit), the amount shown as net exports is negative.

American exports, such as computers, airplanes and various crops, are all items produced which are sold to foreigners. Imports, on the contrary, are items produced by foreigners on which Americans spend some of their income.