Global Trade Balance
The Trade Balance released by the National Institute of Statistics is a balance between exports and imports of total goods and services. A positive value shows trade surplus, while a negative value shows trade deficit. It is an event that generates some volatility for the Euro. If a steady demand in exchange for Italian exports is seen, that would turn into a positive growth in the trade balance, and that should be positive (or bullish) for the common currency.
Next Event -
The typical/expected impact on EUR pairs is Low.
Lower numbers than forecast tend to be bullish for xxx/EUR pairs and bearish for EUR/xxx pairs.
Most Recent -
Higher numbers than forecast tend to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
Past Events
| Date | Time | Actual | Consensus |
|---|---|---|---|
| 15 January 2026 | 11:00 | €5.08B | €5.2B |
| 16 December 2025 | 10:00 | €4.16B | €3.22B |
| 14 November 2025 | 09:00 | €2.85B | €3.2B |
| 16 October 2025 | 09:00 | €2.05B | €7.55B |
| 15 September 2025 | 08:00 | €7.91B | €5.5B |
| 11 August 2025 | 09:00 | €5.41B | €7.12B |
| 16 July 2025 | 09:00 | €6.16B | €2.87B |
| 13 June 2025 | 08:00 | €2.48B | €2.75B |
| 16 May 2025 | 09:00 | €3.66B | €5.2B |
| 18 April 2025 | 08:00 | €4.47B | €3.31B |
| 18 March 2025 | 09:00 | €-0.26B | €5.15B |
| 17 February 2025 | 09:00 | €5.98B | €4.35B |
| 16 January 2025 | 10:00 | €4.22B | €4.5B |
| 17 December 2024 | 09:00 | €5.15B | €3.22B |
| 15 November 2024 | 10:00 | €2.58B | €2.55B |
| 17 October 2024 | 09:00 | €1.43B | €5.55B |
| 16 September 2024 | 09:00 | €6.74B | €4.5B |
| 09 August 2024 | 09:00 | €5.07B | €5.55B |
| 16 July 2024 | 09:00 | €6.43B | €3.55B |
| 14 June 2024 | 08:00 | €4.81B | €4.25B |