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
€21.3 B
Forecast
€16.3 B
Previous
€15.4 B
Next release
Actual
Coming in 17 days
Forecast
€16.8 B
Previous
€21.3 B
Date (GMT)
Reference
Actual
Forecast
Previous
Nov 2009
€15.1 B
—
€11.7 B
Oct 2009
€11.7 B
—
€10.5 B
Sep 2009
€10.5 B
—
€12.1 B
Aug 2009
€12.2 B
—
€13.9 B
Jul 2009
€13.9 B
—
€12.2 B
Jun 2009
€12.2 B
—
€9.6 B
May 2009
€11.0 B
—
€9.4 B
Apr 2009
€10.1 B
—
€11.3 B
Mar 2009
€9.1 B
—
€8.6 B
Feb 2009
€8.6 B
—
€7.0 B
Jan 2009
€8.4 B
—
€7.3 B
Dec 2008
€10.5 B
—
€9.9 B
Nov 2008
€15.8 B
—
€16.4 B
Oct 2008
€13.9 B
—
€15.4 B
Sep 2008
€15.0 B
—
€10.6 B
Aug 2008
€10.6 B
—
€13.9 B
Jul 2008
€13.9 B
—
€19.7 B
Jun 2008
€19.9 B
—
€14.4 B
May 2008
€14.4 B
—
€18.7 B
Apr 2008
€18.7 B
—
€16.7 B