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

France recorded a trade gap of EUR 5.20 billion in October of 2016, compared to marginally revised EUR 4.79 billion in September. It was the largest deficit since August 2014, as exports fell 0.8 percent to EUR 36.74 billion while imports rose 0.8 percent to EUR 41.94 billion. Balance of Trade in France averaged -1085.90 EUR Million from 1970 until 2016, reaching an all time high of 2674 EUR Million in October of 1997 and a record low of -7079 EUR Million in February of 2012.

France Balance of Trade
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-10-07 06:45 AM Aug €-4.3B €-4.3B €-4.3B € -3.1B
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
2017-01-09 07:45 AM Nov €-5.2B € -4.6B
2017-02-06 07:45 AM Dec € -4.7B
2017-03-08 07:45 AM Jan € -4.6B




France Trade Deficit Largest in Over 2 Years


France recorded a trade gap of EUR 5.20 billion in October of 2016, compared to marginally revised EUR 4.79 billion in September. It was the largest deficit since August 2014, as exports fell 0.8 percent to EUR 36.74 billion while imports rose 0.3 percent to EUR 41.94 billion.

In October, sales declined for: aerospace industry products (-17.9 percent), natural hydrocarbons (-10.8 percent); works of arts, technical documentation, publishing products (-4.2 percent), electrical and household equipments (-3.3 percent), agriculture products (-3.0 percent) and metallurgical and metal products (-0.7 percent). In contrast, outbound shipments rose for: refined oil (+4.2 percent), automotive products (+1.4 percent); jewelry, toys, furniture (+6.7 percent), pharmaceuticals (+5.9 percent), chemicals (+1.3 percent), rubber products, plastics, various minerals (+1.6 percent) and wood, paper and cardboard (+1.5 percent).

Sales were lower to the Middle-East countries (-6.6 percent), America (-5.0 percent), Asia (-4.4 percent) and the European countries outside EU (-4.0 percent). In contrast, outbound shipments went up to the EU countries (+1.6 percent) and Africa (+2.4 percent). 

Imports rose for: perfumes, cosmetics, cleaning products (+2.5 percent); ships, trains and bikes (+1.2 percent), textiles, leather (+2.5 percent); works of arts, technical documentation, publishing products (+8.8 percent), metallurgical and metal products (+1.0 percent), natural hydrocarbons (+7.7 percent) and the aerospace industry products (+0.6 percent). In contrast, purchases fell for: refined oil (-10.8 percent), automotive products (-2.1 percent); jewelry, toys, furniture (-0.9 percent), chemicals (-0.6 percent), rubber products, plastics, various minerals (-0.2 percent), industrial & agriculture machinery (-1.5 percent) and agriculture products (-0.3 percent).

Ministère de l'Économie et des Finances l Rida Husna | rida@tradingeconomics.com
12/7/2016 10:32:43 AM



France Trade Last Previous Highest Lowest Unit
Balance of Trade -5202.00 -4791.00 2674.00 -7079.00 EUR Million [+]
Exports 36736.00 37030.00 39856.00 1165.60 EUR Million [+]
Imports 41938.00 41821.00 44454.00 1151.90 EUR Million [+]
Current Account -3505.00 -3708.00 4784.00 -6021.00 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 114.67 114.34 115.70 89.50 Index Points [+]
Foreign Direct Investment 3051.00 624.00 20881.00 -8809.00 EUR Million [+]
Capital Flows -15688.00 15542.00 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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
-5202.00 -4791.00 2674.00 -7079.00 1970 - 2016 EUR Million Monthly



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