trade gap

British  

noun

1. the amount by which the value of a country's visible imports exceeds that of visible exports; an unfavourable balance of trade

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Example Sentences

The upward move reflected resilient consumer spending, a narrower trade gap driven by reduced imports, and a modest rebound in manufacturing and home construction.

From MarketWatch

And by making imports more expensive, the devaluation should not only help cut the trade gap but also slow the amount of money leaving Argentina.

From Seattle Times

A trade gap may be felt next year, though, if weather hits Brazilian crops and the Kremlin intervenes further in Russian exports.

From Reuters

Data for May was revised to show the trade gap narrowing to $68.3 billion instead of $69.0 billion as previously reported.

From Reuters

Data for March was revised to show the trade gap narrowing to $60.6 billion instead of $64.2 billion as previously reported.

From Reuters

Related Words

• balance of trade
• bop
• trade balance
• trade deficit