Definition of trade surplus noun from the Oxford Advanced Learner's Dictionary


trade surplus

BrE BrE//ˌtreɪd ˈsɜːpləs//
; NAmE NAmE//ˌtreɪd ˈsɜːrplʌs//
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a situation in which the value of a country’s exports is greater than the value of its imports
See the Oxford Advanced American Dictionary entry: trade surplus