The ratio of imported and exported goods. The balance is active if the export goods costs exceed the imports goods cost (surplus), otherwise the balance is passive (shortfall). Since capital flows lately assume greater importance, Trade Balance has limited online forex market influence. However, if the import is growing, so is the consumption level. If the export is growing, so is the production level. Trade Balance of the UK is not included in the Euro zone. An active balance has a positive effect on the national currency rate growth. In the USA and Japan, the data on Trade Balance is published in the middle of each month; in the Euro zone – in the last decade of each month; in the UK – in the first decade of each month.