Balance of trade · Germany
Germany Imports MoM
The Germany Imports MoM shows the difference between the value of goods (and sometimes services) that Germany sells abroad and what it buys from abroad, or the growth of exports and imports.
- Важность
- Medium
- Опубликовано
- Monthly
- Следующая публикация
- Валюта
- EUR · euro
- Центральный банк
- The European Central Bank (with the Bundesbank)
Последние данные
Последняя публикация, за AUG, вышла 2026-10-08; значение: 0.9%. Это ниже консенсус-прогноза 2.8%. Это выше, чем -5.5% в прошлый раз (пересмотрено).
За последние 12 публикаций значение колебалось от -5.9% до 5.1%, в среднем 0.5%.
| Опубликовано | Для | Факт | Консенсус | Предыдущее |
|---|---|---|---|---|
| 8 Oct 2026 | AUG | 0.9% | 2.8% | -5.5% ® |
| 8 Sep 2026 | JUL | -5.7% | – | 4.5% ® |
| 7 Aug 2026 | JUN | 4.4% | 1% | -2.6% ® |
| 9 Jul 2026 | MAY | -2.5% | 0.1% | 1.1% ® |
| 9 Jun 2026 | APR | 1.2% | – | 4.5% ® |
| 8 May 2026 | MAR | 5.1% | 0.8% | 4.9% ® |
| 9 Apr 2026 | FEB | 4.7% | 4% | -5.1% ® |
| 10 Mar 2026 | JAN | -5.9% | – | 1.3% ® |
| 6 Feb 2026 | DEC | 1.4% | 0.2% | 0.7% ® |
| 9 Jan 2026 | NOV | 0.8% | 0.2% | -1.5% ® |
| 9 Dec 2025 | OCT | -1.2% | 0.2% | 3.1% |
| 7 Nov 2025 | SEP | 3.1% | 0.5% | -1.4% ® |
Почему это важно
Exports are a big part of demand for open economies (Germany, China, Japan, Korea, the Netherlands). A larger surplus means more foreign demand for the euro; strong imports signal domestic demand. China's figures are read as a gauge of world demand.
Как считается
Customs records the value of goods crossing the border; services come from surveys. The balance is exports minus imports, usually seasonally adjusted.
Trade balance = exports − importsЧто означают изменения
- Look at exports and imports separately: a wider surplus from collapsing imports is a sign of weak domestic demand, not strength.
- Exchange-rate moves take months to affect trade volumes (the J-curve).
Выше ожиданий: A larger surplus (or smaller deficit) than expected tends to support the euro.
Ниже ожиданий: A smaller surplus (or larger deficit) than expected tends to weigh on the euro.
Краткая история
Trade balances were the obsession of mercantilism in the 16th–18th centuries; David Hume's price-specie flow mechanism (1752) explained why surpluses tend to correct themselves.
Вопросы
What is the Germany Imports MoM?
The Germany Imports MoM shows the difference between the value of goods (and sometimes services) that Germany sells abroad and what it buys from abroad, or the growth of exports and imports.
What was the latest Germany Imports MoM?
0.9% for AUG, published on 8 October 2026 (consensus 2.8%, previous -5.5%).
When is the next Germany Imports MoM?
On Monday 9 November 2026 at 07:00 UTC.
Только образовательный материал, не инвестиционная рекомендация. Цифры — опубликованные результаты в том виде, в каком их записал наш календарь; описанные реакции рынка типичны, но не гарантированы.