Vocab Bloom Hub

trade gap

/ˈtreɪd ɡæp/

1 entry

phrase

/ˈtreɪd ɡæp/C1formalbusiness
  • ruРазница в стоимости между импортом и экспортом страны за определенный период, обычно указывающая на дефицит, когда импорт превышает экспорт.

The difference in value between a country's imports and exports over a specific period, typically indicating a deficit when imports exceed exports.

  1. Economic deficitB2formal

    The difference between the value of a country's imports and its exports, typically when imports exceed exports.

    ruЭкономический дефицит

    • The country's trade gap widened due to increased oil imports.
    • Economists are concerned about the growing trade gap.
    • A large trade gap can weaken the national currency.