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
Mar 2008
€16.6 B
—
€16.9 B
Feb 2008
€16.9 B
—
€17.1 B
Jan 2008
€17.1 B
—
€10.8 B
Dec 2007
€10.7 B
—
€19.3 B
Nov 2007
€19.5 B
—
€18.7 B
Oct 2007
€18.9 B
—
€18.1 B
Sep 2007
€18.1 B
—
€14.1 B
Aug 2007
€14.1 B
—
€17.9 B
Jul 2007
€17.9 B
—
€16.5 B
Jun 2007
€16.5 B
—
€17.5 B
May 2007
€17.3 B
—
€15.0 B
Apr 2007
€15.0 B
—
€18.4 B
Mar 2007
€18.5 B
—
€14.2 B
Feb 2007
€14.2 B
—
€16.2 B
Jan 2007
€16.2 B
—
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