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Trade Balance

The Trade Balance measures a countries' trade in the world by examining exports and imports. A positive value means a country exported more than it imported. In some countries like Germany and Japan, exports make up an important part of GDP. Higher levels of exports for a country will tend to increase the demand for that country's currency, as foreign firms have to purchase those exports in the country's domestic currency.

Main Indicator: Trade Balance

Most Recent Release

February
17th, 2010

Actual

Forecast

Revised Form

7.0B

3.9B

5.3B

3.9B

For December (s.a.)
Provided by: EuroStat
Official Release: PDF

Trade Bal. n.s.a.: €4.4B, forecast €5.0B, pr. €4.0B R- (Nov),
€6.6 (Oct), €3.7B (Sep), -€2.3B (Aug), €12.6B (Jul), €4.6B (Jun),
€2.1B (May), €2.7B (Apr), €2.2B (Mar), -€2.0B (Feb), -€10.5B (Jan)
Exports: 3.1%, pr. -0.4% (Nov), 0.2% (Oct), 5.5% (Sep),
-5.8% (Aug), 4.1% (Jul), -0.1% (Jun), -2.7% (May), -1.3% (Apr),
1.4% (Mar), 0.5% (Feb), -10.7% (Jan), -0.9% (Dec), -4.7% (Nov)
Imports: 1.7%, pr. 0.3% (Nov), -1.0% (Oct), 1.1% (Sep),
-1.3% (Aug), -0.3% (Jul), 0.0% (Jun), -2.8% (May), -2.7% (Apr),
0.6% (Mar), -0.8% (Feb), -7.3% (Jan), -3.9% (Dec), -2.5% (Nov)

Next Release Date: March 18th 2010, 6:00 EST

Table of Past Data

	5/18	6/17	7/17	8/17	9/17	10/16	11/17	12/18	1/15	2/17

Actual	-2.1B	-0.3B	0.8B	1.0B	6.8B	1.0B	6.8B	6.3B	3.9B	7.0B
Forecast	-3.8B	-1.5B	1.2B	1.4B	1.2B	7.9B	-0.9B	5.7B	5.4B	3.9B
Previous	-2.9B	-1.8B	-0.3B	1.1B	2.3B	6.0B	2.2B	6.8B	4.7B	5.3B
Revised From	-4.0B	-2.1B	N/A	0.8B	1.0B	6.8B	1.0B	N/A	6.3B	3.9B

Past Releases

January
15th, 2010

Actual

Forecast

Revised Form

3.9B

5.4B

4.7B

6.3B

For November (s.a.)
Provided by: EuroStat
Official Release: PDF

Trade Bal. n.s.a.: €4.8B, pr. €6.6 R- (Oct), €3.7B (Sep), -€2.3B (Aug),
€12.6B (Jul), €4.6B (Jun), €2.1B (May), €2.7B (Apr), €2.2B (Mar),
-€2.0B (Feb), -€10.5B (Jan), -€0.7B (Dec), -€7.0B (Nov), €0.9B (Oct)
Exports: -0.4%, pr. 0.2% (Oct), 5.5% (Sep), -5.8% (Aug), 4.1% (Jul),
-0.1% (Jun), -2.7% (May), -1.3% (Apr), 1.4% (Mar), 0.5% (Feb),
-10.7% (Jan), -0.9% (Dec), -4.7% (Nov), -2.5% (Oct), 2.2% (Sep)
Imports: 0.3%, pr. -1.0% (Oct), 1.1% (Sep), -1.3% (Aug), -0.3% (Jul),
0.0% (Jun), -2.8% (May), -2.7% (Apr), 0.6% (Mar), -0.8% (Feb),
-7.3% (Jan), -3.9% (Dec), -2.5% (Nov), -4.6% (Oct), 2.1% (Sep)

December
18th, 2009

Actual

Forecast

Revised Form

6.3B

5.7B

6.8B

N/A

For October (s.a.)
Provided by: EuroStat
Previous Release: PDF

Trade Bal. n.s.a.: pr. €3.7B (Sep), -€2.3B (Aug), €12.6B (Jul),
€4.6B (Jun), €2.1B (May), €2.7B (Apr), €2.2B (Mar), -€2.0B (Feb),
-€10.5B (Jan), -€0.7B (Dec), -€7.0B (Nov), €0.9B (Oct)
Exports: pr. 5.5% (Sep), -5.8% (Aug), 4.1% (Jul), pr. -0.1% (Jun),
-2.7% (May), -1.3% (Apr), 1.4% (Mar), 0.5% (Feb), -10.7% (Jan),
-0.9% (Dec), -4.7% (Nov), -2.5% (Oct), 2.2% (Sep)
Imports: pr. 1.1% (Sep), -1.3% (Aug), -0.3% (Jul), 0.0% (Jun),
-2.8% (May), -2.7% (Apr), 0.6% (Mar), -0.8% (Feb), -7.3% (Jan),
-3.9% (Dec), -2.5% (Nov), -4.6% (Oct), 2.1% (Sep)

November
17th, 2009

Actual

Forecast

Revised Form

6.8B

-0.9B

2.2B

1.0B

For September (s.a.)
Provided by: EuroStat
Official Release: PDF

Trade Bal. n.s.a.: €3.7B, pr. -€2.3B R+ (Aug), €12.6B (Jul),
€4.6B (Jun), €2.1B (May), €2.7B (Apr), €2.2B (Mar), -€2.0B (Feb),
-€10.5B (Jan), -€0.7B (Dec), -€7.0B (Nov), €0.9B (Oct)
Exports: 5.5%, pr. -5.8% (Aug), 4.1% (Jul), pr. -0.1% (Jun),
-2.7% (May), -1.3% (Apr), 1.4% (Mar), 0.5% (Feb), -10.7% (Jan),
-0.9% (Dec), -4.7% (Nov), -2.5% (Oct), 2.2% (Sep)
Imports: 1.1%, pr. -1.3% (Aug), -0.3% (Jul), 0.0% (Jun),
-2.8% (May), -2.7% (Apr), 0.6% (Mar), -0.8% (Feb), -7.3% (Jan),
-3.9% (Dec), -2.5% (Nov), -4.6% (Oct), 2.1% (Sep)

October
16th, 2009

Actual

Forecast

Revised Form

1.0B

7.9B

6.0B

6.8B

For August (s.a.)
Provided by: EuroStat
Previous Release: PDF

Trade Bal. n.s.a.: pr. €12.6B (Jul), €4.6B (Jun), €2.1B (May),
€2.7B (Apr), €2.2B (Mar), -€2.0B (Feb), -€10.5B (Jan), -€0.7B (Dec),
-€7.0B (Nov), €0.9B (Oct)
Exports: pr. 4.1% (Jul), pr. -0.1% (Jun), -2.7% (May), -1.3% (Apr),
1.4% (Mar), 0.5% (Feb), -10.7% (Jan), -0.9% (Dec), -4.7% (Nov),
-2.5% (Oct), 2.2% (Sep)
Imports: pr. -0.3% (Jul), 0.0% (Jun), -2.8% (May), -2.7% (Apr),
0.6% (Mar), -0.8% (Feb), -7.3% (Jan), -3.9% (Dec), -2.5% (Nov),
-4.6% (Oct), 2.1% (Sep)

September
17th, 2009

Actual

Forecast

Revised Form

6.8B

1.2B

2.3B

1.0B

For July (s.a.)
Provided by: EuroStat
Official Release: PDF

Trade Bal. n.s.a.: €12.6B, pr. €4.6B (Jun), €2.1B R+ (May), €2.7B (Apr),
€2.2B (Mar), -€2.0B (Feb), -€10.5B (Jan), -€0.7B (Dec), -€7.0B (Nov),
€0.9B (Oct)

Exp.: 4.1%, pr. -0.1% (Jun), -2.7% (May), -1.3% (Apr), 1.4% (Mar),
0.5% (Feb), -10.7% (Jan), -0.9% (Dec), -4.7% (Nov), -2.5% (Oct),
2.2% (Sep)

Imp.: -0.3%, pr. 0.0% (Jun), -2.8% (May), -2.7% (Apr), 0.6% (Mar),
-0.8% (Feb), -7.3% (Jan), -3.9% (Dec), -2.5% (Nov), -4.6% (Oct),
2.1% (Sep)

August
17th, 2009

Actual

Forecast

Revised Form

1.0B

1.4B

1.1B

0.8B

For June (s.a.)
Provided by: EuroStat
Official Release: PDF

Trade Bal. n.s.a.: €4.6B, pr. €2.1B R+ (May), €2.7B (Apr), €2.2B (Mar),
-€2.0B (Feb), -€10.5B (Jan), -€0.7B (Dec), -€7.0B (Nov), €0.9B (Oct)
Exp.: -0.1%, pr. -2.7% (May), -1.3% (Apr), 1.4% (Mar), 0.5% (Feb),
-10.7% (Jan), -0.9% (Dec), -4.7% (Nov), -2.5% (Oct), 2.2% (Sep)
Imp.: 0.0%, pr. -2.8% (May), -2.7% (Apr), 0.6% (Mar), -0.8% (Feb),
-7.3% (Jan), -3.9% (Dec), -2.5% (Nov), -4.6% (Oct), 2.1% (Sep)

July
17th, 2009

Actual

Forecast

Revised Form

0.8B

1.2B

-0.3B

N/A

For May (s.a.)
Provided by: EuroStat
Official Release: PDF

Trade Bal. n.s.a.: €1.9B pr. €2.7B (Apr), €2.2B (Mar), -€2.0B (Feb),
-€10.5B (Jan), -€0.7B (Dec), -€7.0B (Nov), €0.9B (Oct), -€5.6B (Sep)
Exp.: -2.7%, pr. -1.3% (Apr), 1.4% (Mar), 0.5% (Feb), -10.7% (Jan),
-0.9% (Dec), -4.7% (Nov), -2.5% (Oct), 2.2% (Sep), -0.6% (Aug)
Imp.: -2.8%, pr. -2.7% (Apr), 0.6% (Mar), -0.8% (Feb), -7.3% (Jan),
-3.9% (Dec), -2.5% (Nov), -4.6% (Oct), 2.1% (Sep), -1.0% (Aug)

June
17th, 2009

Actual

Forecast

Revised Form

-0.3B

-1.5B

-1.8B

-2.1B

For April (s.a.)
Provided by: EuroStat
Official Release: PDF

Trade Balance n.s.a.: €2.7B, pr. €2.2B R (Mar), -€2.0B (Feb),
-€10.5B (Jan), -€0.7B (Dec), -€7.0B (Nov), €0.9B (Oct), -€5.6B (Sep)
Exports: -1.3%, pr. 1.4% (Mar), 0.5% (Feb), -10.7% (Jan),
-0.9% (Dec), -4.7% (Nov), -2.5% (Oct), 2.2% (Sep), -0.6% (Aug)
Imports: -2.7%, pr. 0.6% (Mar), -0.8% (Feb), -7.3% (Jan),
-3.9% (Dec), -2.5% (Nov), -4.6% (Oct), 2.1% (Sep), -1.0% (Aug)

The Euro-zone trade deficit narrowed to €300 million on a seasonally adjusted basis in April, though the figure was a result of imports falling faster than exports, as both contracted for the month. Exports were down 1.3%, which broke a streak of two months of gains. Imports meanwhile fell 2.7% as European consumers and companies cut back spending.

May
18th, 2009

Actual

Forecast

Revised Form

-2.1B

-3.8B

-2.9B

-4.0B

For March (s.a.)
Provided by: EuroStat
Official Release: PDF

Trade Balance n.s.a.: €0.4B, forecast -€0.3B, pr. -€2.0B (Feb), -€10.5B (Jan),
-€0.7B (Dec), -€7.0B (Nov), €0.9B (Oct), -€5.6B (Sep), -€9.4B (Aug),
Exports: 1.4%, pr. 0.5% (Feb), -10.7% (Jan), -0.9% (Dec), -4.7% (Nov),
-2.5% (Oct), 2.2% (Sep), -0.6% (Aug), 3.7% (Jul)
Imports: 0.6%, pr. -0.8% (Feb), -7.3% (Jan), -3.9% (Dec), -2.5% (Nov),
-4.6% (Oct), 2.1% (Sep), -1.0% (Aug), 5.8% (Jul)