Two calculations
Illustration: exports of 12 and imports of 9 give a +3 balance and turnover of 21. These are not Azerbaijan statistics.
FinFly Explains / Economy
What the trade balance measures
The trade balance is exports minus imports for the same period. Check whether the release covers goods alone or services too.
A broader account
The current account also includes income and current transfers. A goods surplus does not determine its total.
Compare consistently
Match period, currency and coverage. Higher export value can reflect prices rather than greater physical volume.
Method
Primary sources
The explainer is checked against these institutional and industry sources. Links open the original material.