Indicator Showing the Trade Balance Between Germany's Exports and Imports
Germany| Date | Value | ||
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| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
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| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The trade balance is an economic indicator that shows the difference between Germany's exports and imports of goods and services. This data is released monthly by the Federal Statistical Office of Germany (Destatis) and is crucial for evaluating the health of trade and international competitiveness.
When the trade balance is in surplus, exports exceed imports, leading to an increase in foreign reserves, which is a positive factor for the German economy. Conversely, in a trade deficit situation, imports surpass exports, potentially reducing foreign reserves and indicating economic imbalance.
This data serves as a reference for policymakers to adjust trade and exchange rate policies. Fluctuations in the trade balance can impact exchange rates, financial markets, and policy decisions. Additionally, it's a critical source of information for businesses and investors in formulating export-import strategies and investment decisions.
| Date | Value | Related Instruments Price Volatility | ||||||||
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| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
