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

France recorded a trade gap of EUR 4.40 billion in November of 2016, compared to marginally revised EUR 5.15 billion in October while market s expected a EUR 4.90 billion shortfall. It was the smallest deficit since August, as exports rose 5.3 percent to EUR 38.81 billion while imports rose 2.8 percent to EUR 43.19 billion. Balance of Trade in France averaged -1091.03 EUR Million from 1970 until 2016, reaching an all time high of 2674 EUR Million in October of 1997 and a record low of -7040 EUR Million in February of 2012.

France Balance of Trade
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-11-08 07:45 AM Sep €-4.8B €-4.2B €-4.1B € -3.3B
2016-12-07 07:45 AM Oct €-5.2B €-4.8B € -3.2B
2017-01-06 07:45 AM Nov €-4.4B €-5.2B €-4.9B
2017-02-07 07:45 AM Dec €-4.4B
2017-03-08 07:45 AM Jan
2017-04-07 06:45 AM Feb




France Trade Gap Narrows to 3-Month Low in November


France recorded a trade gap of EUR 4.40 billion in November of 2016, compared to marginally revised EUR 5.15 billion in October while market s expected a EUR 4.90 billion shortfall. It was the smallest deficit since August, as exports rose 5.3 percent to EUR 38.81 billion while imports went up 2.8 percent to EUR 43.19 billion.

In November, sales went up for most categories: ships, trains, bikes (+187.2 percent), aerospace industry products (+21.7 percent), agriculture products (+6.9 percent), electrical and household equipments (+4.3 percent); works of arts, technical documentation, publishing products (+1.2 percent); perfumes, cosmetics, cleaning products (+2.5 percent), metallurgical and metal products (+2.2 percent), wood, paper and cardboard (+3.1 percent); computers, electronic & optical (+2.8 percent); textiles, leather (+0.1 percent), chemicals (+3.8 percent); rubber products, plastics, various minerals (1.6 percent); jewelry, toys, furniture (+3.8 percent), refined oil (+1.8 percent) and natural hydrocarbons (+8.7 percent). In contrast, outbound shipments fell for industrial & agriculture machinery (-0.1 percent). 

Sales were higher to America (+15.0 percent), the EU countries (+4.4 percent), Asia (+4.3 percent) and the Middle-East countries (+1.9 percent). In contrast, exports declined to Africa (-4.5 percent) and the European countries outside EU (-4.0 percent). 

Imports rose for: ships, trains, bikes (+3.3 percent), aerospace industry products (+0.8 percent), electrical and household equipments (+0.2 percent); perfumes, cosmetics, cleaning products (+1.5 percent), metallurgical and metal products (+1.6 percent), wood, paper and cardboard (+2.2 percent); computers, electronic & optical (+2.2 percent); textiles, leather (+0.9 percent), chemicals (+5.3 percent); rubber products, plastics, various minerals (+3.2 percent); jewelry, toys, furniture (+6.4 percent), refined oil (+15.7 percent), automotive products (+3.8 percent) and natural hydrocarbons (+17.1 percent). In contrast, imports fell for: agriculture products (-3.8 percent); works of arts, technical documentation, publishing products (-17.2 percent) and pharmaceuticals (-0.9 percent).

Ministère de l'Économie et des Finances l Rida Husna | rida@tradingeconomics.com
1/6/2017 8:59:01 AM



France Trade Last Previous Highest Lowest Unit
Balance of Trade -4377.00 -5154.00 2674.00 -7040.00 EUR Million [+]
Exports 38811.00 36871.00 39896.00 1165.60 EUR Million [+]
Imports 43188.00 42025.00 44471.00 1151.90 EUR Million [+]
Current Account -2317.00 -3217.00 4784.00 -6050.00 EUR Million [+]
External Debt 4835836.00 4711834.00 4840513.00 3536444.00 EUR Million [+]
Current Account to GDP -1.40 -1.40 3.40 -2.10 percent [+]
Terms of Trade 115.02 114.36 115.70 89.50 Index Points [+]
Foreign Direct Investment 4500.00 3051.00 20881.00 -8809.00 EUR Million [+]
Capital Flows 11300.00 -15688.00 59842.00 -48842.00 EUR Million [+]
Remittances 39.00 39.00 87.00 22.00 EUR Million [+]
Gold Reserves 2435.82 2435.76 3024.70 2435.38 Tonnes [+]
Crude Oil Production 17.00 17.00 58.34 15.00 BBL/D/1K [+]
Weapons Sales 2013.00 1734.00 4008.00 14.00 USD Million [+]
Terrorism Index 5.60 4.55 5.60 3.38 [+]
Tourist Arrivals 83800.00 83600.00 83800.00 75000.00 Thousand [+]



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 January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-4377.00 -5154.00 2674.00 -7040.00 1970 - 2016 EUR Million Monthly



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