trade gap


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trade gap

n
(Economics) the amount by which the value of a country's visible imports exceeds that of visible exports; an unfavourable balance of trade
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.trade gap - the difference in value over a period of time of a country's imports and exports of merchandisetrade gap - the difference in value over a period of time of a country's imports and exports of merchandise; "a nation's balance of trade is favorable when its exports exceed its imports"
balance - the difference between the totals of the credit and debit sides of an account
References in periodicals archive ?
He pointed to the president's recent decision to impose tariffs on imports of solar panels and washing machines, as well as ongoing renegotiations of trade deals with Canada, Mexico and South Korea, as ways in which the United States would narrow the trade gap.
The trade gap has been a cause for concern in financial markets, but the peso was range-bound in Tuesday morning trade, moving between 50.
He said that more than six million Pakistanis are working abroad sending over 19 billion dollars yearly which helps keep trade gap in limits.
GAP WIDENS Britain's trade gap widened to a worse-than-expected PS5.
The Commerce Department reported that the trade gap widened 3 percent to $40.
BRITAIN'S yawning trade gap narrowed in July thanks to a post-Brexit vote boost to exports.
BRITAIN'S trade gap with the European Union hit a record high in the first three months of this year.
Beijing, June 9 ( ANI ): Bangladesh Prime Minister Sheikh Hasina has said that the trade gap with China needs to be balanced to achieve prosperity.
The decline in the trade gap comes on the heels of a weak lira against the US dollar and euro and a jump in sales to Turkey's traditional exports market, the European Union.
2 billion in November, leaving a total trade gap of Au3.
Summary: New Delhi: India's trade gap slid to a 30-month low last month, data showed on .
We are closing the trade gap," commerce and industry minister Anand Sharma told reporters at a press conference here.