Meaning of “trade deficit” in the English Dictionary

british dictionary

"trade deficit" in British English

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trade deficitnoun [ C ]

uk /ˈtreɪd ˌdef.ɪ.sɪt/ us /ˈtreɪd ˌdef.ɪ.sɪt/ also trade gap specialized

a situation in which the value of goods a country imports (= buys from other countries) is greater than the value of goods it exports (= sells to other countries), or the size of this difference

(Definition of “trade deficit” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"trade deficit" in American English

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trade deficitnoun [ C ]

us /ˈtreɪd ˌdef·ɪ·sɪt/

social studies the economic condition that exists when a greater value of goods comes into a country than the value of goods that are sold out of the country

(Definition of “trade deficit” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"trade deficit" in Business English

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trade deficitnoun [ C, usually singular ]

uk us also trade gap ECONOMICS, COMMERCE, FINANCE

a situation in which the value of goods that a country imports is more than the value of goods it exports, or the size of this difference:

trade deficit in sth America's trade deficit in goods and services increased.
have/run/post a trade deficit Brazil has run a $14 billion trade deficit with the US.
reduce/shrink/cut the trade deficit These export subsidies certainly don't reduce the trade deficit.
an annual/monthly trade deficit

(Definition of “trade deficit” from the Cambridge Business English Dictionary © Cambridge University Press)