trade deficit

1. 1.

   an excess of imports over exports

   Broaderdeficit

Questions about trade deficit

What does trade deficit mean?

trade deficit means "an excess of imports over exports".

Is trade deficit a common word?

trade deficit is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.