Trade surplus and deficit are not unfamiliar to us, because we can often hear them from news media reports. However, many of us may not know the specific meaning of these two words. So what does the trade surplus mean?

1, trade surplus, also known as "trade surplus", refers to the phenomenon that the export volume of each country or region exceeds the import volume in a certain period of time. Generally speaking, a country's foreign trade is in a favorable position.

2. Trade deficit, also known as "trade surplus", refers to the phenomenon that the import value of each country or region exceeds the export value in a certain period of time. Generally speaking, a country's foreign trade is at a disadvantage.

3. The trade surplus and deficit reflect the commodity trade between countries, and are also indicators to judge the macroeconomic operation.

The trade surplus ends here.