Germany balance of trade

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Germany balance of trade: 24.9 (12.16%)
Last Update: May 31, 2024

Germany balance of trade closed down 24.9 as of May 31, 2024 from 22.2 from the previous month and 16.84 from last year.


Germany balance of trade Analytics & Data




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Germany balance of trade closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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Germany balance of trade

DateValues
2024-05-31 24.9
2024-04-30 22.2
2024-03-31 22.2
2024-02-29 21.3
2024-01-31 27
2023-12-31 22.9
2023-11-30 21.84
2023-10-31 18.96
2023-09-30 18.06
2023-08-31 18.77
2023-07-31 18.3
2023-06-30 19
2023-05-31 16.84
2023-04-30 18.75
2023-03-31 17.24
2023-02-28 15.14
2023-01-31 15.46
2022-12-31 13.73
2022-11-30 11.43
2022-10-31 7.44
2022-09-30 4.26
2022-08-31 1.99
2022-07-31 4.18
2022-06-30 6.38

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Germany balance of trade Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
balance of tradede.balanceoftrade24.922.21248UPUP782024-05-31

Germany balance of trade Factors

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Germany balance of trade Historical Data

The MacroVar database offers free access to historical data for the Germany balance of trade, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Germany balance of trade data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Germany balance of trade

Germany's balance of trade refers to the difference between the value of goods and services that a country exports compared to what it imports. A positive balance of trade occurs when a country exports more than it imports, leading to a trade surplus. Germany is known for having a strong economy and being one of the world's leading exporters. This has resulted in Germany consistently maintaining a trade surplus, exporting high-quality manufactured goods such as automobiles, machinery, and chemicals. This surplus has contributed to Germany's economic growth and stability, as well as its reputation as an economic powerhouse in Europe.

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