France Balance of Trade  1970-2017 | Data | Chart | Calendar | Forecast

France recorded a trade gap of EUR 6.57 billion in February of 2017, compared to an upwardly revised EUR 8.1 billion deficit in January while markets expected a EUR 4.90 billion shortfall, as exports rose 1.6 percent month-on-month to EUR 37.80 billion while imports fell 2.0 percent to EUR 44.36 billion. Balance of Trade in France averaged -1118.11 EUR Million from 1970 until 2017, reaching an all time high of 2674 EUR Million in October of 1997 and a record low of -8055 EUR Million in January of 2017.

France Balance of Trade
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-02-07 07:45 AM Dec €-3.4B €-4.4B €-4.2B €-3.7B
2017-03-08 07:45 AM Jan €-7.9B €-3.6B €-3.7B €-3.0B
2017-04-07 06:45 AM Feb €-6.6B €-8.1B €-4.9B €-4.4B
2017-05-10 06:45 AM Mar €-6.6B
2017-06-08 06:45 AM Apr
2017-07-07 06:45 AM May




France Trade Gap Narrows In February


France recorded a trade gap of EUR 6.57 billion in February of 2017, compared to an upwardly revised EUR 8.1 billion deficit in January while markets expected a EUR 4.90 billion shortfall, as exports rose 1.6 percent month-on-month to EUR 37.80 billion while imports fell 2.0 percent to EUR 44.36 billion.

In February, sales went up for: aerospace industry products (20.8 percent), pharmaceuticals (2.5 percent), metallurgical and metal products (1.3 percent), electrical and household equipments (2.9 percent); ships, train, bikes (18.2 percent); perfumes, cosmetics, cleaning products (4.4 percent), chemicals (1.8 percent); rubber products, plastics, various minerals (0.6 percent) and wood, paper and cardboard (2.1 percent). In contrast, outbound shipments fell for: natural hydrocarbons (-0.7 percent), jewelry, toys, furniture (-2.3 percent); textiles, leather (-0.7 percent), industrial & agriculture machinery (-0.5 percent), agriculture (-1.3 percent), automotive products (-4.4 percent) and refined oil (-4.8 percent).

Exports increased to Asia (15.2 percent) and the Middle-East countries (15.8 percent). In contrast, sales declined to the EU countries (-1.5 percent), the European countries outside EU (-0.9 percent), America (-1.1 percent) and Africa (-1.3 percent).

Imports decreased for: aerospace industry (-11.7 percent), pharmaceuticals (-26.4 percent), natural hydrocarbons (-7.0 percent); jewelry, toys, furniture (-9.0 percent), metallurgical and metal products (-3.9 percent),  electrical and household equipments (-4.8 percent); ships, trains, bikes (-9.7 percent); perfumes, cosmetics, cleaning products (-1.5 percent); rubber products, plastics, various minerals (-0.8 percent), textiles, leather (-1.2 percent) and automotive products (-1.6 percent). In contrast, outbound shipments rose for: chemicals (0.7 percent); wood, paper, cardboard (1.6 percent), industrial & agricultural machinery (0.4 percent); works of arts, technical documentation, publishing products (21.2 percent) and refined oil (39.3 percent).

Ministère de l'Économie et des Finances l Rida Husna | rida@tradingeconomics.com
4/7/2017 7:36:05 AM



France Trade Last Previous Highest Lowest Unit
Balance of Trade -6568.00 -8055.00 2674.00 -8055.00 EUR Million [+]
Exports 37794.00 37215.00 40290.00 1165.60 EUR Million [+]
Imports 44362.00 45270.00 45270.00 1151.90 EUR Million [+]
Current Account -3630.00 -5823.00 4784.00 -5897.00 EUR Million [+]
External Debt 4887517.00 4836113.00 4887517.00 3536444.00 EUR Million [+]
Current Account to GDP -1.40 -1.40 3.40 -2.10 percent [+]
Terms of Trade 114.24 115.38 115.70 89.50 Index Points [+]
Foreign Direct Investment 3273.00 8335.00 20881.00 -8809.00 EUR Million [+]
Capital Flows -17328.00 -29215.00 59842.00 -48842.00 EUR Million [+]
Remittances 39.00 39.00 87.00 22.00 EUR Million [+]
Gold Reserves 2435.85 2435.82 3024.70 2435.38 Tonnes [+]
Crude Oil Production 17.00 17.00 58.34 15.00 BBL/D/1K [+]
Terrorism Index 5.60 4.55 5.60 3.38 [+]
Tourist Arrivals 84500.00 83800.00 84500.00 75000.00 Thousand [+]
Weapons Sales 2013.00 1734.00 4008.00 14.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



France Balance of Trade Notes

Since 2004, France has been recording trade deficits due the gradual erosion of the export-oriented industry, the appreciation of the EUR and the increasing dependency on imports of energy and manufactured products. In 2015, the biggest trade deficits were recorded with: China, Germany, Belgium, Italy, the Netherlands and Ireland; while the biggest trade surpluses were recorded with: the UK, Hong Kong, Singapore, UAE, and Qatar. This page provides the latest reported value for - France Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. France Balance of Trade - actual data, historical chart and calendar of releases - was last updated on April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-6568.00 -8055.00 2674.00 -8055.00 1970 - 2017 EUR Million Monthly



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Kazakhstan 1577.20 Feb/17
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Liechtenstein 343493.00 Dec/16
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Macau -4279600.00 Feb/17
Macedonia -142509.00 Feb/17
Madagascar 20810.00 Dec/16
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Mexico 684.00 Feb/17
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Mongolia 189.40 Mar/17
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Netherlands 5585.00 Feb/17
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Nigeria 227044.30 Dec/16
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Norway 22719.43 Mar/17
Oman 205.90 Nov/16
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Paraguay 118135.00 Mar/17
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