Germany Trade Balance

Actual value:
Source: www.destatis.de
Currency: Euro
Country: Germany
Previous value: €22.2B
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The Trade Balance issued by the Statistisches Bundesamt Deutschland measures the difference between exports and imports volumes. A positive trade balance demonstrates trade surplus, while a negative result is a sign of deficit. Due to the fact that foreigners must buy the national currency to pay for the country's exports, this can have a significant impact on EUR. Trade balance will grow if there is a stable demand for export and it will positively effect the EUR. Take a look at the Article by Alex Nekritin - Trading the Euro with Germany Trade Balance.
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