Due to the decline in imports, the country's trade deficit contracted by 5.4 percent in April, the first time since September 2017, when the balance of trade in goods (BOTG
) contracted by 13.2 percent.
The Florida based, mobile lifestyle and accessory company, develops mobile battery technologies under the brand name "Xsorii." Upon closing of the acquisition, BOTG
will become a wholly-owned subsidiary of 800 Commerce and 800 Commerce's board of directors will be expanded from two members to four members.
Xg: Export growth rate; Mg: Import growth rate; BOTg
: Balance of trade growth rate; Eg: Exchange rate growth