France Balance of Trade  1970-2016 | Data | Chart | Calendar | Forecast

The trade gap in France narrowed 41.4 percent to EUR 2.84 billion in May from April of 2016, better than market expectations of a EUR 4.9 billion deficit. It is the lowest shortfall since August last year as exports reached the highest in three months while imports came back to contraction. Balance of Trade in France averaged -1059.50 EUR Million from 1970 until 2016, reaching an all time high of 2674 EUR Million in October of 1997 and a record low of -7034 EUR Million in February of 2012. Balance of Trade in France is reported by the Ministère de l'Économie et des Finances.

France Balance of Trade
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Actual Previous Highest Lowest Dates Unit Frequency
-2840.00 -4846.00 2674.00 -7034.00 1970 - 2016 EUR Million Monthly
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 July of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-05-04 06:45 AM Mar €-4.37B €-5.12B €-4.4B € -2.8B
2016-06-07 06:45 AM Apr €-5.2B €-4.2B €-4B € -3.1B
2016-07-07 06:45 AM May €-2.8B €-4.8B €-4.9B € -3.9B
2016-08-05 06:45 AM Jun €-2.8B € -2.8B
2016-09-07 06:45 AM Jul € -3.7B
2016-10-07 06:45 AM Aug € -3.1B

French Trade Deficit at 9-Month Low


The trade gap in France narrowed 41.4 percent to EUR 2.84 billion in May from April of 2016, better than market expectations of a EUR 4.9 billion deficit. It is the lowest shortfall since August last year as exports reached the highest in three months while imports came back to contraction.

Exports rose 1.4 percent to EUR 37.67 billion, following a 2 percent gain in April. It is the first time in a year sales went up for two consecutive months, boosted by a delivery of the large Harmony of the Seas cruise ship to the United States while exports of military transportation, pharmaceuticals and agricultural products also contributed positively. 

Imports shrank 3.5 percent to EUR 40.5 billion, erasing a 3 percent rise in April, mainly due to a sharp decline in aeronautical purchases. 

Regarding blockages in France refineries in May, lower crude oil prices were offset by rising supplies of refined oil. 

Joana Taborda | joana.taborda@tradingeconomics.com
7/7/2016 9:03:56 AM

France Trade Last Previous Highest Lowest Unit
Balance of Trade -2840.00 -4846.00 2674.00 -7034.00 EUR Million [+]
Exports 37669.00 37136.00 39675.00 1165.60 EUR Million [+]
Imports 40509.00 41982.00 44456.00 1151.90 EUR Million [+]
Current Account -264.00 -2086.00 4784.00 -6106.00 EUR Million [+]
External Debt 5360467.91 5013631.02 6016229.77 1726658.38 USD Million [+]
Current Account to GDP -1.40 -1.40 3.40 -2.10 percent [+]
Terms of Trade 114.30 114.80 115.70 89.50 Index Points [+]
Foreign Direct Investment 1007.00 606.00 20881.00 -8809.00 EUR Million [+]
Capital Flows 12662.00 -18340.00 59842.00 -48842.00 EUR Million [+]
Remittances 39.00 39.00 87.00 22.00 EUR Million [+]
Gold Reserves 2435.66 2435.63 3024.70 2435.38 Tonnes [+]
Crude Oil Production 17.00 16.00 58.34 15.00 BBL/D/1K [+]
Terrorism Index 4.55 4.88 5.41 3.38 [+]
Tourist Arrivals 83800.00 83600.00 83800.00 75000.00 Thousand [+]
Weapons Sales 2013.00 1734.00 4008.00 14.00 USD Million [+]




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Argentina 126.00 Jun/16
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Czech Republic 41538.00 May/16
Denmark 5481.90 May/16
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East Timor -38853.09 May/16
Ecuador 305020.00 May/16
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India -8116.20 Jun/16
Indonesia 900.20 Jun/16
Iran 4258.00 Dec/15
Iraq 38780.80 Dec/14
Ireland 3961700.00 May/16
Israel -1459.60 Jun/16
Italy 5033.00 May/16
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Jamaica -761100.00 Dec/15
Japan 692.84 Jun/16
Jordan -762247.00 Apr/16
Kazakhstan 681.90 May/16
Kenya -66307.00 May/16
Kosovo -211003.00 May/16
Kuwait 402.00 Mar/16
Kyrgyzstan -216.90 Mar/16
Laos -488.34 Sep/15
Latvia -160.50 May/16
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Liechtenstein 371580.00 Mar/16
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Macau -4571042.93 May/16
Macedonia -209476.00 May/16
Madagascar 101517.00 Mar/16
Malawi -31524.80 Sep/15
Malaysia 3300.00 May/16
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Netherlands 4339.00 May/16
New Caledonia -11870.00 Mar/16
New Zealand 127.00 Jun/16
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Norway 6971.00 Jun/16
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Paraguay 54678.00 May/16
Peru 65.00 May/16
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