trade deficit

noun

finance

: a situation in which a country buys more from other countries than it sells to other countries : the amount of money by which a country's imports are greater than its exports

Examples of trade deficit in a Sentence

Recent Examples on the Web

Proponents of the idea argue that making the dollar weaker against other currencies would make U.S. exports relatively cheaper, which would lead to a reduction in the trade deficit. —Patrick Horan, National Review, 25 Apr. 2024

The fiscal 2023 trade deficit was much smaller than what was racked up in fiscal 2022, when the economy was hit by the war in Ukraine and energy prices soared. —Yuri Kageyama, Quartz, 17 Apr. 2024

Japan recorded a trade deficit for the third straight fiscal year as the costs of energy and other imports rose and the yen remained weak. —Yuri Kageyama, Fortune Asia, 17 Apr. 2024

As a whole, the total US trade deficit in goods and services — a measure of the difference between exports and imports — was $773.4 billion last year, a 19% decline from 2022. —Elisabeth Buchwald, CNN, 7 Feb. 2024

The trade deficit widened by £2.2 billion ($2.8 billion) to £13.8 billion in the three months to January, roughly in line with the quarterly deficits across last year. —Andrew Atkinson, Fortune Europe, 13 Mar. 2024

That’s the largest annual decline in the trade deficit since 2009. —Elisabeth Buchwald, CNN, 7 Feb. 2024

And our trade deficit with China is down to the lowest point in over a decade. —USA TODAY, 8 Mar. 2024

In January, the trade deficit increased, to $89 billion, as American exports were lower than December and year-earlier figures. —Don Lee, Los Angeles Times, 7 Mar. 2024