07:00 AM BST, Germany - Balance of Tade Data for August:
- German Trade Balance: actual 22.5B; forecast 18.9B; previous 16.8B;
- German Exports: actual 1.3% MoM; forecast -1.0% MoM; previous 1.7% MoM;
- German Imports: actual -3.4% MoM; forecast -2.5% MoM; previous 5.4% MoM;
In August 2024, Germany's exports increased by 1.3% month-over-month to €131.9 billion, while imports decreased by 3.4% to €109.4 billion, resulting in a trade surplus of €22.5 billion. Compared to August 2023, exports edged up by 0.1%, and imports fell by 3.1%. Exports to the U.S. surged by 5.5% to €13.5 billion, and exports to China rose by 1.9% to €7.4 billion. Imports from China decreased by 1.4% to €13.2 billion.
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile app
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
