Trade Balance is calculated as the difference in value between imported and exported goods and services. If the national exports exceed imports, a positive balance is formed. Otherwise there is a trade deficit. The Trade Balance is a measure of Germany's economic development. Import is an indication of domestic demand; export shows external demand. A positive trade balance can have a positive effect on euro quotes, because exporters need to buy the EU currency in order to pay to manufacturers.
Germany Trade Balance
Last release
Actual
€14.5 B
Forecast
€16.0 B
Previous
€14.7 B
Date (GMT)
Reference
Actual
Forecast
Previous
Apr 2011
€11.9 B
—
€15.2 B
Mar 2011
€15.1 B
—
€11.2 B
Feb 2011
€11.3 B
—
€11.8 B
Jan 2011
€11.8 B
—
€14.0 B
Dec 2010
€14.2 B
—
€12.9 B
Nov 2010
€11.9 B
—
€14.2 B
Oct 2010
€14.3 B
—
€15.5 B
Sep 2010
€15.5 B
—
€12.2 B
Aug 2010
€12.2 B
—
€12.5 B
Jul 2010
€12.5 B
—
€11.5 B
Jun 2010
€11.5 B
—
€10.6 B
May 2010
€10.6 B
—
€13.3 B
Apr 2010
€13.3 B
—
€13.4 B
Mar 2010
€13.4 B
—
€12.6 B
Feb 2010
€12.6 B
—
€9.8 B
Jan 2010
€9.8 B
—
€16.6 B
Dec 2009
€15.0 B
—
€15.1 B
Nov 2009
€15.1 B
—
€11.7 B
Oct 2009
€11.7 B
—
€10.5 B
Sep 2009
€10.5 B
—
€12.1 B