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 2018
€22.0 B
—
€19.2 B
Feb 2018
€19.2 B
—
€21.3 B
Jan 2018
€21.3 B
—
€21.4 B
Dec 2017
€21.4 B
—
€22.3 B
Nov 2017
€22.3 B
—
€19.9 B
Oct 2017
€19.9 B
—
€21.9 B
Sep 2017
€21.8 B
—
€21.3 B
Aug 2017
€21.6 B
—
€19.3 B
Jul 2017
€19.5 B
—
€21.2 B
Jun 2017
€21.2 B
—
€20.3 B
May 2017
€20.3 B
—
€19.7 B
Apr 2017
€19.8 B
—
€19.9 B
Mar 2017
€19.6 B
—
€21.2 B
Feb 2017
€21.0 B
—
€18.9 B
Jan 2017
€18.5 B
—
€18.7 B
Dec 2016
€18.4 B
—
€21.8 B
Nov 2016
€21.7 B
—
€20.6 B
Oct 2016
€20.5 B
—
€21.1 B
Sep 2016
€21.3 B
—
€21.6 B
Aug 2016
€22.2 B
—
€19.4 B