France Trade Deficit Continues to Narrow in November


In France the trade deficit amounted to €4.33 billion in November 2012. Exports decreased from €37.53 in October of 2012 to €36.49 in November, while imports decreased from €42.24 billion to €40.83 billion over the same period.

The accumulated deficit for 2012 is at €65.83 billion, a decrease from €74.20 billion recorded during the same period of 2011. Exports increased by 2.2 percent year-on-year while imports decreased by 1.0 percent over the same month of 2011 said the customs office.

Industrial exports registered a steep fall, while pharmaceutical exports remained at a high level. Imports fell in aeronautical purchases from Germany, and in industrial machine, rubber and electrical equipment purchases. Imports of chemical and pharmaceutical products rose, as well as cars and mobile telephones.

Ministry of Finance | Nuno Fontes | nuno@tradingeconomics.com
1/10/2013 2:45:06 PM