Balance of Trade Germany
Tuesday, August 26th, 2008
It’s no wonder that the United States seems to always be in a trade deficit - their trading partners make some of the nicest goods in the world.
Like Germany, for instance. Home of a huge range of quality imports - who hasn’t heard of German craftsmanship before? - Germany gives a great deal more to the United States than it receives in any given year. Such is the state of things so far in 2008: after six months the balance is skewed fairly widely in Germany’s favor, with some $22 million extra in their pockets.
And if past years are to be any indication that number will probably reach as high as $40 million. The balance of trade has been climbing, aside from the occasional dip, steadily for quite a few years, and there’s no reason to think it will slow down now.