Trade Statistics

Trade statistics are data that show how much a country buys from or sells to other countries. They include details like the value and volume of goods and services exchanged, helping to understand economic relationships and competitiveness. These statistics inform government policies, business decisions, and economic analysis by highlighting trade patterns, surpluses or deficits, and industry performance. Essentially, trade statistics provide a snapshot of international economic activity, illustrating how interconnected a country is with the global market.