Balance on Goods by Country
Latest released Balance on Goods value for every supported currency, with the previous reading, the change between releases, reference date, frequency, unit, and source.
/api/v1/announcements/{currency}/balance_on_goods. Non-USD endpoints require an API key query parameter.| Country / Currency | Latest | Previous | Change | Reference | Frequency | Unit | Source |
|---|---|---|---|---|---|---|---|
|
Eurozone
EUR · Euro
|
19,962.90
01 Dec 2025
|
23,716.76
01 Nov 2025
|
▼ -3,753.856 | 01 Dec 2025 | Quarterly | EUR billions | ECB/Eurostat |
What is Balance on Goods?
The balance on goods is the goods-only portion of the trade balance — total goods exports minus total goods imports. It excludes services, primary income, and transfers.
Why it matters for FX
The goods balance is the leg of trade most exposed to global industrial cycles, commodity prices, and tariff policy. For manufactured-goods exporters (Germany, Japan, Korea) and commodity exporters (Australia, Canada, Norway), the goods balance is the dominant driver of the overall current account and a key currency input.
How to read this page
Read alongside balance_on_services and current_account_balance. Decompose by partner country and by product where the data permit; energy and autos typically swing the most.
What to watch for
- Energy-trade swings for net energy importers
- Auto-sector exports for Germany, Japan, Korea
- Tariff and trade-policy shocks
- Inventory cycles in industrial goods
- Commodity-price feed-through for resource exporters