Meaning of the word "trade surplus" in English

What does "trade surplus" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

trade surplus

US /treɪd ˈsɝː.pləs/
UK /treɪd ˈsɝː.pləs/
"trade surplus" picture

Noun

1.

the amount by which the value of a country's exports exceeds the cost of its imports

Example:
The country achieved a significant trade surplus last quarter.
A continuous trade surplus can strengthen a nation's currency.
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