Balance of Trade

Balance of Trade tracks the difference between exports and imports. Exports surpassing imports results is a surplus which is healthy for the economy, whereas in the scenario of imports surpassing exports the resulting deficit indicates an economy that imports more than it exports.

German Balance of Trade

In May 2017, trade surplus increased to EUR 22 billion from EUR 20.7 billion representing an increase of 6.3%.  Historically the German trade surplus reached an all-time high of euro 25.7 billion in March 2016 and an all-time low trade deficit of EUR -535 million in April 1991.