nettóviðskipti
Nettóviðskipti, a term originating from Icelandic, translates to "net trade" or "net transactions" in English. It generally refers to the difference between a country's exports and imports of goods and services. A positive nettóviðskipti, often called a trade surplus, occurs when a country exports more than it imports. Conversely, a negative nettóviðskipti, known as a trade deficit, happens when imports exceed exports. This economic indicator is crucial for understanding a nation's balance of trade and its overall economic health.
The calculation of nettóviðskipti typically involves monetary values. It takes into account not just tangible goods