It has a surplus in trade of invisibles, and a deficit in trade of visibles.
Germany currently has a trade surplus. COOL HUH !
Trade deficit
If the amount spent on goods and service by UK buyers is greater than the amount received from selling goods and services abroad, the UK will experience a balance of payments deficit (trade deficit). If the reverse occurs then the UK will experience a balance of payments surplus (trade surplus)
surplus Quantify the surplus amount as in March 2011
In 2011 they had a surplus of about 13 billion
Germany currently has a trade surplus. COOL HUH !
Trade deficit
deficit
their trade surplus
The USA has a trade deficit.
A trade surplus because of their auto exports.
If the amount spent on goods and service by UK buyers is greater than the amount received from selling goods and services abroad, the UK will experience a balance of payments deficit (trade deficit). If the reverse occurs then the UK will experience a balance of payments surplus (trade surplus)
surplus Quantify the surplus amount as in March 2011
In 2011 they had a surplus of about 13 billion
The Bureau of the Census records indicated that in 2004, the United States had a trade deficit with each of its four largest trading partners.
No, Germany has a balance of payments surplus.
North Korea or South Korea?