The index represents the total number of trade operations in Germany. Balance of trade is a difference between the values of manufactured and shipped out of country (exports) and brought into the country (imports) production. The positive balance of trade is referred to a trade surplus while the negative balance is a trade deficit.
Germany has an export-oriented economy, meaning that its export dominates over import.
Effect of market
The index has a moderate influence on the Euro dy-namics.
In general, the Index growth is a positive sign for the European Currency.