overimport

ˌoʊvərˈɪmpɔrt

Definitions

1. verb

to import goods or commodities in excess of what is needed or wanted, often resulting in economic strain or imbalance

“The government was concerned that the country was overimporting luxury goods and hurting its trade deficit.”

2. noun

the act or process of importing goods or commodities in excess

“The overimport of electronics led to a surge in the country’s trade deficit last quarter.”

Synonyms

  • overbuy
  • overstock

Antonyms

  • underimport
  • undervalue