A country exported goods worth Rs 2500 crore whereas, its imports amounted to Rs 1200 crore. The services exported were 110 crore. What will be the value of "Trade balance"?

1300 crore

Trade balance which is also known as balance of trade is the difference between exports and imports of VISIBLE items ONLY.

Balance of Trade = Exports - Imports

BoT = 2500 - 1200

BoT= 1300

NOTE - Export of services will not be included in this as it is not a visible item.