Definition of trade deficit in English:

trade deficit

Line breaks: trade def|icit


  • The amount by which the cost of a country’s imports exceeds the value of its exports.
    More example sentences
    • The balance of payments deficit now includes a trade deficit, which was not the case forty years ago.
    • Despite a falling dollar, the U.S. trade deficit has continued to increase to new record levels.
    • Just to define the terms a little bit, the trade deficit is the excess of our imports of goods over our exports of goods.

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Word of the day skosh
Pronunciation: skəʊʃ
a small amount; a little