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Germany trade balance analysis using World Bank macroeconomic data with time-series visualization and regression modeling.

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Germany Trade Balance Analysis

Project Overview

This project analyzes Germany’s international trade performance using World Bank data. The goal is to examine trade balance dynamics and explore the relationship between trade balance and GDP growth.

Data Sources

  • World Bank – Exports of goods and services (% of GDP)
  • World Bank – Imports of goods and services (% of GDP)
  • World Bank – GDP growth (annual %)

Methodology

  • Data cleaning and transformation
  • Trade balance calculation
  • Time series visualization
  • Correlation analysis
  • OLS regression model

Key Insights

  • Germany maintains a structural trade surplus.
  • Global crises such as 2008 financial crisis and COVID-19 impacted trade performance.
  • GDP growth shows a relationship with trade balance trends.

Tools & Technologies

  • Python
  • Pandas
  • Matplotlib
  • Seaborn
  • Statsmodels
  • Jupyter Notebook

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