Trade
Trade Surplus
Also known as: Commercial surplus, Positive trade balance
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.
Also known as: Commercial surplus, Positive trade balance
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.
A trade surplus occurs when a country's exports exceed its imports, generating a positive trade balance. It can indicate high export competitiveness, strong international demand, or a competitive currency. Mexico maintains a trade surplus with the United States thanks to automotive, electronics, and agro-industrial manufacturing exports under USMCA. A sustained surplus can strengthen international reserves and the exchange rate.
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 Deficit
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.
TradeDefinitive Export
Customs regime allowing goods to leave the country to remain abroad indefinitely.
TradeUSMCA (T-MEC)
Trade agreement between the United States, Mexico, and Canada that replaced NAFTA in July 2020, governing trade, investment, and intellectual property rules.