Germany Balance of Trade
Category:
Balance of Trade
Units:
Billion
Germany runs regular trade surpluses since 1952, primarily due to strong exports of vehicles and other machinery. In 2017, the largest trade surpluses were recorded with the US, the UK, France, Austria, Spain, Sweden and the UAE; while the biggest trade deficits were recorded with China, Vietnam, Norway, Russia, the Netherlands, Ireland and Czech Republic.
A higher than expected figure should be seen as positive (bullish) for the EUR while a lower than expected figure should be seen as negative (bearish) for the EUR.
Source:
Federal Statistical Office
Event Details
Impact:
High
Country:
Symbol:
EUR
Latest Release
Previous:
€22.2B
Consensus:
€21.1B
Actual:
€24.9B
Next Release
Date:
06:00 AM, 7 Aug 2024 (in 11 days)
Time left:
in 11 days
Consensus:
€24B