There is no trade deficit in that sense and can never be; no one is sending free shit. However, this is “goods” trade imbalance. There are lots of other types o

There is no trade deficit in that sense and can never be; no one is sending free shit. However, this is “goods” trade imbalance. There are lots of other types of cash flows happening in an economy. For example, if your country has a high % of remittances, it’ll have a chronic trade balance. (which is essentially the exercise of these remittances at foreign markets)