Trade Surplus


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Trade Surplus

A nation's excess of exports over imports during a given time frame.

Trade Surplus

The difference between the value of a country's exports and the value of its imports, where the value of exports is greater. Analysts disagree on the impact, if any, of a trade surplus on the economy. Some economists believe that a trade surplus creates employment and increases GDP growth. Others believe that the balance of trade has little impact. A trade surplus is also called a favorable balance of trade. See also: Trade deficit.

trade surplus

The amount of goods and services that a country exports that is in excess of the amount of goods and services it imports. A trade surplus increases economic activity in a country but also may result in higher prices and interest rates if the economy is already operating at near capacity. Compare trade deficit.
References in periodicals archive ?
The volume of trade exchange with Iran amounted to RO349,807,063 as the balance of trade surplus is in favor of Iran by RO144,083,713.
The Chamber of Commerce said that the main reason for Lebanon's trade surplus was the rise in exports of oil derivatives to Syria, which reached some $294.
85 yen in reaction to the Japanese trade surplus but soon rallied to settle in the lower 110 yen range.
Seasonally adjusted, the net trade surplus was SEK6.
Shih indicated that Taiwan's annual trade surplus has been US$10-20 billion since 2003, which will however hit a record high of US$33.
The Automotive Industry Association of Turkey released a report in which it said that the industry recorded a foreign trade surplus between January and May 2009.
Before 2004, China's manufacturing trade surplus with America was largely in textiles and apparel.
BEIJING -- China said Wednesday that its politically sensitive trade surplus hit a record high in October as exports soared and import growth fell amid government efforts to rein in an investment boom.
THE LATEST available figures, released yesterday (15-2) by Statistics Canada, have indicated that Canada's trade surplus in beer with the United States has expanded significantly in recent years.
Department of Agriculture Economic Research Service [ERS] estimates released that day, 2005 will be the first year in nearly 50 that America will not turn an agricultural trade surplus.
The total Latin American trade surplus should rise to $48 billion this year from only $11 billion in 2001.
3 billion trade surplus continues a more than 70-year history of trade surplus for the U.