Is the surplus more exports or imports

Trade surplus is the total amount of exports is greater than the total amount of imports, trade surplus can increase foreign exchange reserves, indicating that the country's goods in the world market competition in a favorable position. The opposite is a trade deficit, that is, the total amount of exports is less than the total amount of imports.

The advantages and disadvantages of a trade surplus:

Advantages: 1, the balance of payments surplus increased foreign exchange reserves, strengthened the comprehensive national strength, is conducive to maintaining international credibility, improve the ability of external financing and the ability to introduce foreign capital.

2、Balance of payments surplus is conducive to the overall balance of the economy.

Balance of payments surplus strengthens China's ability to resist the risk of economic globalization and contributes to national economic security.

4, the balance of payments surplus is conducive to the RMB exchange rate stability and the implementation of more relaxed macro-control policies.

Disadvantages: 1, leading to a decrease in the supply of foreign exchange in the foreign exchange market in the country, the demand increases, thus making the exchange rate of foreign exchange rose, the exchange rate of the local currency fell.

2, a large number of foreign exchange hoarding, will cause the loss of domestic tangible economic resources.

3、Forcing domestic production enterprises and the banking system to close down, and export earnings cannot buy back resources.

4, the preparation of the issuance of the national currency will be moved out of the country, resulting in the loss of the sovereignty of the national currency.

5, the balance of payments surplus makes the pressure on the value of the national currency increased, international trade friction increased.

6, the balance of payments surplus weakens the monetary policy effect and reduces the efficiency of social resource utilization.

The impact of trade deficit:

1, appropriate deficit is favorable to alleviate short-term trade disputes, and is conducive to the stable development of trade.

2、Reduce the expectation of currency appreciation and slow down the net capital inflow.

3, can ease the pressure of national inflation, favorable to the country's monetary policy operations.

On the whole, for a country's economic development, we should not excessively pursue the trade surplus, but to pursue the trade balance, so as to truly ensure the healthy development of the trade economy.