Trade Balance

The European Union's trade surplus continues to shrink, facing headwinds from higher US tariffs and increased competition from Chinese imports. This shift has critical implications for corporate...

The Euro area posted a goods trade surplus of approximately €12.6 billion in December, a figure that, while positive, hints at underlying demand weakness and evolving energy dynamics rather than...

Germany's trade surplus expanded to €17.1 billion in December as exports surged by 4.0%, signaling a late-year resurgence in external demand.

France's December trade balance deteriorated to a -€4.8bn deficit, highlighting structural vulnerabilities to import momentum and energy price volatility.

Germany's December trade surplus widened to €17.1bn as exports to the US and China surged, though domestic demand signals remain mixed.

France's December trade balance remained in a deficit of -€4.1bn, highlighting persistent external headwinds for the Eurozone's second-largest economy.

Germany delivered a split economic signal for December 2025, with a surging trade surplus contrasting a sharp -1.9% drop in industrial production.

Analyzing the U.S. trade deficit as a composite indicator for supply-chain health, domestic demand, and imported disinflation.

Emerging market trade balances are becoming price-relevant as global funding conditions tighten, driven by USD strength and rising real yields.