Trade Surplus


Also found in: Dictionary, Thesaurus, Legal, Encyclopedia.

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 ?
No trade deal has agreed for when leaves the EU We had the biggest trade surplus with Ireland last year (PS6 billion), Malta (PS0.3 billion) and Cyprus (PS0.2 billion).
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 trade surplus is seen boosting the country's overall balanceofpayments surplus, which, in turn, would support a strong local currency and higher foreign exchange reserves by the Bangko Sentral ng Pilipinas (BSP), Ong said.
The statistics show Lebanon's exports to Syria in the first six months of this year reached $391.119 million, while Syrian imports to Lebanon reached only $113.065 million, indicating the highest balance of trade surplus achieved to date.
The European Union's official statistics agency, Eurostat, said that the 17-nation euro area had a trade surplus of E22.9bn ($29.5bn/[pounds sterling]19.4bn) in March, compared to a surplus of E10.1bn in February and E6.9bn in the year-ago month.
Seasonally adjusted, the net trade surplus was SEK6.7bn in November, compared with a revised SEK7.4bn in October and SEK8.2bn in September.
Exports increased 24.5 percent to $173.32 billion, sending the trade surplus to $17.76 billion, the General Administration of Customs said.
Algeria is ranked among the top 20 countries with a trade surplus with the United States, according to the U.S.
According to estimates for July 2010, the eurozone registered a trade surplus of 6.7 billion with the rest of the world (compared with surpluses of 11.9 bn in July 2009 and 2.2 bn in June 2010), but the EU27 showed a deficit of 5.7 bn, compared with a surplus of 0.5 bn in July 2009.
China's trade surplus in June topped expectations on surprising strength in exports that suggests the global economic recovery has remained on track despite worries about a fresh slowdown.
So if including the extra service charges generated by such increased tourist traffic, then Taiwan's trade surplus this year may rise to US$33.2 billion, with further increases next year.
Japan's trade surplus in September was the largest since March 2008, supported by a steady recovery in exports, the Finance Ministry said Thursday.