how do i calculate net exports from exportport and import?

1 answer

Net exports can be calculated by subtracting the value of imports from the value of exports.

So, the formula for net exports is:

Net exports = export - import

For example, if a country's total exports are 100 million dollars and its total imports are 80 million dollars, then its net exports would be calculated as:

Net exports = 100 - 80 = 20 million dollars.

Therefore, the net exports of the country would be 20 million dollars.