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Analysis of the Trade Balance in the 27 Eu Countries

Author

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  • Lavinia Maria Nețoiu

    (University of Craiova, Craiova, Romania)

  • Titu Nețoiu

    (University of Craiova, Craiova, Romania)

Abstract

In this paper, the aim is to carry out a study on the analysis of the balance of trade for all products in the Combined Nomenclature at the level of the 27 Member States of the European Union. For this purpose, international databases have been identified, in particular, data provided by the International Trade Centre (ITC) on the import and export values of each country have been extracted and the trade balance has been determined. This analysis can support decision-makers on different policies regarding the competitiveness of economic sectors as well as academia.

Suggested Citation

  • Lavinia Maria Nețoiu & Titu Nețoiu, 2023. "Analysis of the Trade Balance in the 27 Eu Countries," Journal of Financial Studies, Institute of Financial Studies, vol. 8(15), pages 132-143, November.
  • Handle: RePEc:fst:rfsisf:v:8:y:2023:i:15:p:132-143
    DOI: 10.55654/JFS.2023.8.15.08
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    References listed on IDEAS

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    1. Abdullah AL-Mutairi & Sulaiman Al-Abduljader & Kamal Naser, 2020. "Determinants of Inflation in Kuwait," Journal of Developing Areas, Tennessee State University, College of Business, vol. 54(3), pages 19-34, July-Sept.
    2. Ewa Cieślik & Jadwiga Biegańska & Stefania Środa-Murawska, 2016. "The Intensification of Foreign Trade in Post-Socialist Countries and Their Role in Global Value Chains," Acta Oeconomica, Akadémiai Kiadó, Hungary, vol. 66(3), pages 465-487, September.
    3. Sayef Bakari & Mohamed Mabrouki, 2017. "Impact Of Exports And Imports On Economic Growth: New Evidence From Panama," Journal of Smart Economic Growth, , vol. 2(1), pages 67-79, March.
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    More about this item

    Keywords

    trade balance; European Union countries; EU-27; competitiveness.;
    All these keywords.

    JEL classification:

    • F16 - International Economics - - Trade - - - Trade and Labor Market Interactions
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • P33 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - International Trade, Finance, Investment, Relations, and Aid

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