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
Jul 2016
€19.4 B
—
€21.4 B
Jun 2016
€21.7 B
—
€22.1 B
May 2016
€22.2 B
—
€24.1 B
Apr 2016
€24.0 B
—
€23.7 B
Mar 2016
€23.6 B
—
€20.0 B
Feb 2016
€19.8 B
—
€18.7 B
Jan 2016
€18.9 B
—
€20.3 B
Dec 2015
€18.8 B
—
€20.5 B
Nov 2015
€19.7 B
—
€20.5 B
Oct 2015
€20.8 B
—
€19.2 B
Sep 2015
€19.4 B
—
€19.6 B
Aug 2015
€19.6 B
—
€22.4 B
Jul 2015
€22.8 B
—
€22.1 B
Jun 2015
€24.0 B
—
€19.5 B
May 2015
€22.8 B
—
€21.5 B
Apr 2015
€22.3 B
—
€19.4 B
Mar 2015
€19.3 B
—
€20.0 B
Feb 2015
€19.7 B
—
€19.7 B
Jan 2015
€19.6 B
—
€21.8 B
Dec 2014
€21.6 B
—
€17.9 B