Macroeconomics
Trade Surplus
Definition
What is Trade Surplus?
A situation in which a country's exports of goods exceed its imports.
Example in practice
How This Looks in Practice
Strong commodityA standardised physical good such as gold, crude oil, wheat, or cocoa. exports produce a trade surplus.
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Related Terms
Macroeconomics
Gross Domestic Product
The total market value of final goods and services produced within a country during a period.
MacroeconomicsReal GDP
Gross domestic product adjusted for changes in prices.
MacroeconomicsNominal GDP
Gross domestic product measured at current prices without adjusting for inflation.
Market SentimentRisk-On Market
A market environment in which investors favour higher-risk assets.