Trade
Trade Deficit
Also known as: Commercial deficit, Negative trade balance
An economic situation where a country's imports exceed its exports during a given period, indicating it consumes more foreign goods than it produces for export.
Also known as: Commercial deficit, Negative trade balance
An economic situation where a country's imports exceed its exports during a given period, indicating it consumes more foreign goods than it produces for export.
A trade deficit occurs when a country imports more goods than it exports, resulting in a negative trade balance. It can stem from an overvalued currency, strong domestic demand, dependence on energy or technology imports, or lack of export competitiveness. A sustained deficit can pressure exchange rates and international reserves, though it is not always negative if financed by productive foreign investment.
Trade Balance
An economic indicator measuring the difference between a country's exports and imports over a given period, reflecting its competitive position in international trade.
TradeTrade Surplus
An economic situation where a country's exports exceed its imports, indicating it generates more income from foreign sales than it spends on international purchases.
TradeBalance of Payments
An accounting record of all economic transactions between a country's residents and the rest of the world during a given period.
TradeDefinitive Import
Customs regime allowing foreign goods to enter and remain indefinitely in the country after payment of all applicable duties and taxes.