noun
export reduction; export contraction
Economic term referring to a decrease in the volume or value of exports.
世界的な不況で輸出縮小が続いている。
Export reduction continues due to the global recession.
政府は輸出縮小に対応するため新たな政策を打ち出した。
The government introduced new policies to address the export contraction.
輸出減少 is a more common and general term for a decline in exports, while 輸出縮小 emphasizes a deliberate or structural reduction.
Compound of 輸出 (export) and 縮小 (reduction, contraction).