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 2021
€15.8 B
€16.7 B
€14.0 B
Mar 2021
€14.3 B
€20.8 B
€18.9 B
Feb 2021
€19.2 B
€19.3 B
€21.3 B
Jan 2021
€22.3 B
€16.2 B
€16.4 B
Dec 2020
€16.1 B
€18.0 B
€15.9 B
Nov 2020
€16.4 B
€12.2 B
€18.2 B
Oct 2020
€18.2 B
€21.2 B
€17.6 B
Sep 2020
€17.8 B
€11.8 B
€15.4 B
Aug 2020
€15.7 B
€23.5 B
€18.0 B
Jul 2020
€18.0 B
€11.0 B
€14.5 B
Jun 2020
€14.5 B
€8.9 B
€7.5 B
May 2020
€7.5 B
€10.0 B
€3.4 B
Apr 2020
€3.2 B
€14.1 B
€12.8 B
Mar 2020
€12.7 B
€19.6 B
€21.4 B
Feb 2020
€21.6 B
€18.5 B
€18.7 B
Jan 2020
€18.5 B
€19.2 B
€19.0 B
Dec 2019
€19.2 B
€19.1 B
€18.5 B
Nov 2019
€18.2 B
€20.4 B
€20.4 B
Oct 2019
€20.6 B
€18.4 B
€19.2 B
Sep 2019
€19.2 B
€19.1 B
€18.7 B