Question

import value is more than the value of export what is it called​

Answer 1

When exports are greater than imports, that's a trade surplus. Most nations view that as a favorable trade balance.

In the same way , when the value of imports outweighs the value of exports, is a trade deficit. They usually regard it as an unfavorable trade balance.

Answer 2

The balance of trade measures a flow of exports and imports over a given period of time. ... If a country exports a greater value than it imports, it has a trade surplus or positive trade balance, and conversely, if a country imports a greater value than it exports, it has a trade deficit or negative trade balance.