trade deficit


: 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 Italy’s statistics bureau reports a $34.2 billion global trade deficit for the country last year, though that may have been the result of spiking energy prices: Excluding energy, Italy would have had an $88.4 billion trade surplus, the bureau notes. Nicholas Gordon, Fortune, 31 July 2023 In 2022, the trade deficit was €396bn ($436 billion), more than double that of 2020. Luke McGee, CNN, 12 Aug. 2023 Trade had supported the economy the previous four quarters as exports outpaced imports and the trade deficit narrowed. Paul Davidson, USA TODAY, 27 July 2023 Bilateral trade has grown to $136 billion (an 8% increase over the previous year) and its trade deficit with China has widened to $100 billion. Time, 20 June 2023 For starters, India has a huge and widening trade deficit with Russia. Mimansa Verma, Quartz, 11 May 2023 The Japanese currency tumbled to a three-decade low last year as a significant trade deficit and widening interest-rate gap with the US weighed. Yumi Teso,, 19 May 2023 America has a huge trade deficit and has been exporting its wealth. Dileep Rao, Forbes, 20 Apr. 2023 The enormous trade deficit with China has become a flash point in U.S. politics. Ro Khanna, Foreign Affairs, 20 Dec. 2022 See More

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'trade deficit.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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Cite this Entry

“Trade deficit.” Dictionary, Merriam-Webster, Accessed 27 Sep. 2023.

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