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View synonyms for trade deficit

trade deficit

[ treyd def-uh-sit ]

noun

, Economics.
  1. a negative balance of trade, or the amount by which the value of a country’s imports exceeds that of its exports. Compare trade surplus ( def ).


trade deficit

  1. The condition that exists when the value of what a country imports exceeds the value of what it exports; also called an unfavorable balance of trade .


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Notes

Trade deficits, because they imply that capital is leaving a country, can cause higher interest rates .
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Word History and Origins

Origin of trade deficit1

First recorded in 1855–60
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Example Sentences

Indeed, the rapid growth in international tourism has been a key factor in bringing down the trade deficit in recent years.

As a result, the trade deficit with China fell 12.4 percent from May to $26.6 billion.

The upshot is that the trade deficit, $702 billion in 2008, is shrinking—in real terms and as a percentage of the economy.

There was a second potentially fatal deficit that would require us to borrow from foreigners as well: the trade deficit.

Last year the trade deficit was $534 billion, down by nearly a quarter from 2008.

They show a lower volume of trade and a smaller trade deficit.

The cumulative trade deficit at the end of 1970 amounted to about 5.1 billion lei—the equivalent of about US$850 million.

The annual trade deficit in 1967 and 1968 was about 200 million leks.

For that period the overall trade deficit amounted to 278 million leva.

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