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 ?
Australias five largest trade surpluses have all been recorded in 2019.
In light of the trade tensions between the US and China and a slowdown in world trade, it is pleasing to see our exporters continuing to weather global storms, with 17 consecutive trade surpluses and a new monthly record trade surplus.
This could be explained by a weakness in Philippines peso compared to the US dollar, in which all trade surpluses and deficits are expressed.
The trade surpluses recorded in the recent months suggest that the region is suffering from a weak domestic demand.
While running trade deficits with Asian neighbors like Taiwan to tie them politically to Beijing, China is running record trade surpluses with the European Union and the United States, making America and the West as dependent upon China for our manufactures as we are on OPEC for our oil.
The large rise in the price of copper, soybeans, and iron ore is producing large trade surpluses for Brazil, Chile, Argentina, and Peru.
Significant improvements were made in bulk petrochemicals and intermediates, plastic resin and other industrial chemical trade surpluses. However, the global economy is not maintaining the momentum of 2000, experts reported.
September was the 23rd consecutive month of trade surpluses recorded since November 1997.
Japan has had large trade surpluses for the last several decades, because the household savings have been larger than the domestic investment.
Among our top five EU trading nations, we have trade deficits with Germany, France, and Italy, and trade surpluses with the UK and Netherlands, which you can easily see using our new trade dashboard, Mr Dolan said.
This article will explore the cases of the Top 5 trade surpluses in 2016, how they got there, and what's next for them.
According to Central Statistical Office (CSO), the African country continued to record continued trade surpluses in the entire last year with the highest reaching KR473.2 million (K473.2 billion) at the end of the year.