The trade balance with countries outside the Euro-zone. The difference between exports and imports, expressed in prices. The index is gradually losing its influence on the market because of the the growing importance of capital flows, rather than goods. At the same time, import growth indicates an increase in consumption in the country, and export growth is a sign of an increased level of production. The Non-EU Trade Balance is calculated separately for the UK. Reducing trade deficit (an increase in the surplus of exports over imports) leads to higher prices of the credit market instruments, appreciating currencies and rising prices of shares.