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
09 Apr 2026 06:00 GMT
Actual
€19.8 B
Forecast
€18.0 B
Previous
€20.3 B
Next release
08 May 2026 06:00 GMT
Actual
Coming in 10 days
Forecast
€18.9 B
Previous
€19.8 B
Date (GMT)
Reference
Actual
Forecast
Previous
09 Apr 2021
Feb 2021
€19.2 B
€19.3 B
€21.3 B
09 Mar 2021
Jan 2021
€22.3 B
€16.2 B
€16.4 B
09 Feb 2021
Dec 2020
€16.1 B
€18.0 B
€15.9 B
08 Jan 2021
Nov 2020
€16.4 B
€12.2 B
€18.2 B
09 Dec 2020
Oct 2020
€18.2 B
€21.2 B
€17.6 B
09 Nov 2020
Sep 2020
€17.8 B
€11.8 B
€15.4 B
08 Oct 2020
Aug 2020
€15.7 B
€23.5 B
€18.0 B
08 Sept 2020
Jul 2020
€18.0 B
€11.0 B
€14.5 B
07 Aug 2020
Jun 2020
€14.5 B
€8.9 B
€7.5 B
09 Jul 2020
May 2020
€7.5 B
€10.0 B
€3.4 B
09 Jun 2020
Apr 2020
€3.2 B
€14.1 B
€12.8 B
08 May 2020
Mar 2020
€12.7 B
€19.6 B
€21.4 B
09 Apr 2020
Feb 2020
€21.6 B
€18.5 B
€18.7 B
09 Mar 2020
Jan 2020
€18.5 B
€19.2 B
€19.0 B
07 Feb 2020
Dec 2019
€19.2 B
€19.1 B
€18.5 B
09 Jan 2020
Nov 2019
€18.2 B
€20.4 B
€20.4 B
09 Dec 2019
Oct 2019
€20.6 B
€18.4 B
€19.2 B
08 Nov 2019
Sep 2019
€19.2 B
€19.1 B
€18.7 B
10 Oct 2019
Aug 2019
€18.1 B
€18.6 B
€20.5 B
09 Sept 2019
Jul 2019
€20.2 B
€18.6 B
€17.9 B