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

French trade deficit narrowed to EUR 5.4 billion in March 2017 from a downwardly revised EUR 6.4 billion in February and below market expectations of a EUR 6.0 billion gap. Exports rose 3.8 percent month-on-month to EUR 39.3 billion while imports increased at a slower 0.8 percent to EUR 44.6 billion. Balance of Trade in France averaged -1124.09 EUR Million from 1970 until 2017, reaching an all time high of 2674 EUR Million in October of 1997 and a record low of -8090 EUR Million in January of 2017.

France Balance of Trade
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
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 €-5.4B €-6.4B €-6B €-5.4B
2017-06-08 06:45 AM Apr €-5.4B
2017-07-07 06:45 AM May
2017-08-08 06:45 AM Jun




French Trade Deficit Narrows In March As Exports Jump


French trade deficit narrowed to EUR 5.4 billion in March 2017 from a downwardly revised EUR 6.4 billion in February and below market expectations of a EUR 6.0 billion gap. Exports rose 3.8 percent month-on-month to EUR 39.3 billion while imports increased at a slower 0.8 percent to EUR 44.6 billion.

In March, sales went up for: aerospace industry products (3.1 percent), pharmaceuticals (4.1 percent), metallurgical and metal products (1.8 percent), electrical and household equipments (1.8 percent), ships, train, bikes (7.6 percent), perfumes, cosmetics, cleaning products (5.5 percent), chemicals (2.8 percent), rubber products, plastics, various minerals (2.3 percent), natural hydrocarbons (6.7 percent), jewelry, toys, furniture (2.7 percent), textiles, leather (0.3 percent), industrial & agriculture machinery (3.9 percent), agriculture (2.5 percent), automotive products (6.7 percent).In contrast, outbound shipments fell for: refined oil (-1.5 percent) and wood, paper and cardboard (-0.2 percent).
 
Exports increased to Asia (10.8 percent), America (10.5 percent), EU countries (3.3 percent), and Africa (11.8 percent). In contrast, sales declined to the Middle East countries (-10.4 percent) and  European countries outside EU (-5.0 percent) .
 
Imports increased for: aerospace industry (8.9 percent), pharmaceuticals (4.3 percent), natural hydrocarbons (4.0 percent); jewelry, toys, furniture (8.4 percent), metallurgical and metal products (4 percent), electrical and household equipments (2.9 percent); ships, trains, bikes (14.2 percent); rubber products, plastics, various minerals (3.1 percent), textiles, leather (5.5 percent) and automotive products (2.8 percent), chemicals (2.6 percent); wood, paper, cardboard (1.0 percent), industrial & agricultural machinery (1.2 percent). In contrast, outbound shipments decreased for: works of arts, technical documentation, publishing products (-20.9 percent), refined oil (-24.4 percent), and perfumes, cosmetics, cleaning products (-1.7 percent).
 
 
 

Ministère de l'Économie et des Financesl Chusnul Ch Manan | chusnul@tradingeconomics.com
5/10/2017 9:48:46 AM



France Trade Last Previous Highest Lowest Unit
Balance of Trade -5353.00 -6432.00 2674.00 -8090.00 EUR Million [+]
Exports 39258.00 37827.00 40364.00 1165.60 EUR Million [+]
Imports 44611.00 44259.00 45311.00 1151.90 EUR Million [+]
Current Account -3032.00 -3534.00 4784.00 -5981.00 EUR Million [+]
External Debt 4735352.00 4902448.00 4902448.00 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 2801.00 3273.00 20881.00 -8809.00 EUR Million [+]
Capital Flows -21568.00 -17328.00 59842.00 -48842.00 EUR Million [+]
Remittances 50.00 50.00 87.00 22.00 EUR Million [+]
Gold Reserves 2435.85 2435.82 3024.70 2435.38 Tonnes [+]
Crude Oil Production 16.00 15.00 58.00 15.00 BBL/D/1K [+]
Weapons Sales 2226.00 2080.00 4029.00 8.00 USD Million [+]
Terrorism Index 5.60 4.55 5.60 3.38 [+]
Tourism Revenues 2247.00 1885.00 6170.00 1426.00 EUR Million [+]
Tourist Arrivals 84500.00 83800.00 84500.00 75000.00 Thousand [+]

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 May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-5353.00 -6432.00 2674.00 -8090.00 1970 - 2017 EUR Million Monthly



balance of trade by Country

Last
Australia 3107.00 Mar/17
Brazil 6969.00 Apr/17
Canada -134.70 Mar/17
China 380.48 Apr/17
Euro Area 30899.90 Mar/17
France -5353.00 Mar/17
Germany 25385.00 Mar/17
India -13249.19 Apr/17
Indonesia 1238.30 Apr/17
Italy 5418.04 Mar/17
Japan 481.75 Apr/17
Mexico -183.00 Mar/17
Netherlands 6719.00 Mar/17
Russia 12598.00 Mar/17
South Korea 13254.00 Apr/17
Spain -1458000.00 Mar/17
Switzerland 1968.25 Apr/17
Turkey -4492.00 Mar/17
United Kingdom -4900.00 Mar/17
United States -43706.00 Mar/17