Balance of trade

(redirected from Trade surplus)
Also found in: Dictionary, Thesaurus, Financial, Encyclopedia.

BALANCE OF TRADE, Com. law. The difference between the exports and importations, between two countries. The balance of trade is against that country which has imported more than it has exported, for which it is debtor to the other country.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
Japan's chronic trade surplus with the US has been under attack by US President Donald Trump and Prime Minister Shinzo Abe has been urged to balance the US trade deficit with his country's economy.
The figures show that back in 1998 the UK had a trade surplus in goods with nine EU countries.
The balance of trade surplus in is favor of the United States with RO112,870,776.
When compared to the US, Germany imports less than what it exports and the number is roughly the reported trade surplus.
Seasonally adjusted balance posted a trade surplus of $330 million.
In January, foreign direct investment (FDI) enterprises witnessed a trade surplus of 1.41 billion U.S.
BEIRUT: Lebanon recorded the highest balance of trade surplus with Syria thanks to exports of fuel oil to its war-ravaged neighbor, according to figures released this week by the Beirut Chamber of Commerce.
Trade surplus was $6.03 billion in May after logging a surplus of $2.45 billion in April, according to the Ministry of Trade, Industry and Energy.
The euro area has reported a record trade surplus in March as exports from the region surged due to an improvement in the global economy.
29 December 2011 - Sweden's net trade surplus shrank to SEK3.5bn in November 2011 from SEK9.5bn a year earlier, preliminary figures by Statistics Sweden (SCB) showed today.
M2 EQUITYBITES-December 29, 2011--Sweden's trade surplus falls to SEK3.5bn in Nov 2011(C)2011 M2 COMMUNICATIONS