útflutningurinnflutningur
útflutningurinnflutningur is an Icelandic term that literally translates to "export-import." It refers to the overall trade balance of a country, encompassing both the value of goods and services a nation sells to other countries (exports) and the value of goods and services it buys from other countries (imports). A positiveútflutningurinnflutningur, meaning exports exceed imports, indicates a trade surplus. Conversely, a negativeútflutningurinnflutningur, where imports surpass exports, signifies a trade deficit.
The balance ofútflutningurinnflutningur is a key indicator of a nation's economic health and its relationships with