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 2013
€17.6 B
—
€17.1 B
Feb 2013
€17.7 B
—
€15.7 B
Jan 2013
€15.6 B
—
€16.8 B
Dec 2012
€16.9 B
—
€14.6 B
Nov 2012
€14.6 B
—
€15.2 B
Oct 2012
€14.9 B
—
€17.0 B
Sep 2012
€16.9 B
—
€18.3 B
Aug 2012
€18.1 B
—
€16.1 B
Jul 2012
€16.3 B
—
€16.2 B
Jun 2012
€16.3 B
—
€15.3 B
May 2012
€15.3 B
—
€16.1 B
Apr 2012
€16.2 B
—
€13.7 B
Mar 2012
€14.0 B
—
€13.6 B
Feb 2012
€13.7 B
—
€15.1 B
Jan 2012
€15.1 B
—
€13.9 B
Dec 2011
€13.9 B
—
€14.9 B
Nov 2011
€14.9 B
—
€12.6 B
Oct 2011
€12.5 B
—
€15.1 B
Sep 2011
€15.1 B
—
€13.8 B
Aug 2011
€13.8 B
—
€10.1 B