From Longman Dictionary of Contemporary Englishtrade gapˈtrade gap noun [countable] PEtrade deficit
Examples from the Corpus
trade gap• The Government has no little interest in this as the negative food trade gap is about £5.7 billion.• The narrowing trade gap means that growth in the fourth quarter could be better than expected, said analysts.• Devaluation would also help narrow our trade gap.• There was brighter news on the trade front for Britain yesterday, with a £766 million cut in the trade gap.• Economists surveyed by Bloomberg Business News projected the trade gap to come in at $ 7. 1 billion.• The trade gap widened by 3. 4 percent to $ 10. 36 billion, the highest in seven months.• He said yesterday his first priorities would be to tackle inflation and the widening trade gap.From Longman Business Dictionarytrade gaptrade gap noun [countable] another name for TRADE DEFICIT 