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Definitions

trade deficit

[treyd def-uh-sit] / ˈtreɪd ˌdɛf ə sɪt /
NOUN
balance of payments
Synonyms


NOUN
balance of trade
Synonyms


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

With a tight election looming, the president was betting that slashing rates to 14% would stoke exports and generate enough foreign income, including from tourism, to reverse chronic trade deficits.

From Reuters

But large imports of oil, food and machinery mean Afghanistan has a big trade deficit.

From Reuters

The trade deficit represents the gap between what the country exports to the rest of the world and what it purchases from other countries.

From Seattle Times

The U.S. trade deficit widened in May to $71.2 billion as a small increase in exports was offset by a bigger rise in imports.

From Washington Post

With the United States leading the global economic recovery from the pandemic recession, the trade deficit has subtracted from gross domestic product growth for three straight quarters.

From Reuters