Trade
Trade Surplus
Also known as: Positive trade balance, Commercial surplus
An economic situation where a country's goods exports exceed its imports during a determined period, resulting in a positive trade balance.
Also known as: Positive trade balance, Commercial surplus
An economic situation where a country's goods exports exceed its imports during a determined period, resulting in a positive trade balance.
A trade surplus occurs when a country's exports exceed its imports, generating a positive trade balance. It indicates the country sells more goods abroad than it purchases, which can strengthen its currency, increase international reserves, and reflect a competitive economy in global markets.
Mexico may have a surplus with one country (e.g., U.S.) and a deficit with another (e.g., China). The global surplus is calculated by summing all bilateral balances. Mexico historically has a surplus with North America but a deficit with Asia.
A sustained trade surplus can generate pressure for currency appreciation, which in turn may affect export competitiveness. Governments seek a balance that promotes growth without generating macroeconomic imbalances.
Trade Balance
An economic indicator recording the difference between the value of a country's exports and imports of goods during a determined period.
TradeTrade Deficit
An economic situation where a country's goods imports exceed its exports during a determined period, resulting in a negative trade balance.
TradeFree Trade Agreement (FTA)
International agreement that eliminates or reduces tariffs and trade barriers between signatory countries.
TradeDefinitive Export
Customs regime allowing goods to leave the country to remain abroad indefinitely.