Net Exports Calculator

Formula

The formula to calculate net exports is:

\[ \text{NE} = \text{E} - \text{I} \]

Where:

NE is the net exports.
E is exports.
I is imports.

What are Net Exports?

Net exports are the total exports minus the total imports of a country. A positive net export means the country ships out more value than it brings in.

Example Calculation

Let's consider an example:

Exports (E): $1,000,000
Imports (I): $800,000

Using the formula to calculate net exports:

\[ \text{NE} = 1,000,000 - 800,000 = 200,000 \text{ dollars} \]

This means that the net exports for this scenario are $200,000.