Meaning of “trade deficit” in the English Dictionary

business-english dictionary

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

"trade deficit" in American English

See all translations

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

See all translations

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

Compare

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