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

France recorded a trade gap of EUR 3.42 billion in December of 2016, compared to a EUR 4.37 billion deficit in November and below markets expectations of a EUR 4.20 billion shortfall. It was the smallest deficit since June, as exports rose 4.0 percent month-on-month to EUR 40.42 billion while imports rose 1.4 percent to EUR 43.85 billion. Balance of Trade in France averaged -1093.31 EUR Million from 1970 until 2016, reaching an all time high of 2674 EUR Million in October of 1997 and a record low of -7045 EUR Million in April of 2011.

France Balance of Trade
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
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 €-3.4B €-4.4B €-4.2B €-3.7B
2017-03-08 07:45 AM Jan €-3.4B
2017-04-07 06:45 AM Feb
2017-05-04 06:45 AM Mar




France Trade Gap Narrows To 6-Month Low In December


France recorded a trade gap of EUR 3.42 billion in December of 2016, compared to a EUR 4.37 billion deficit in November and below markets expectations of a EUR 4.20 billion shortfall. It was the smallest deficit since June, as exports rose 4.0 percent to EUR 40.42 billion while imports rose 1.4 percent to EUR 43.85 billion.

In December, sales went up for: aerospace industry products (37.7 percent), chemicals (1.3 percent), industrial & agriculture machinery (0.1 percent), electrical and household equipments (0.9 percent), automotive products (0.1 percent), metallurgical and metal products (0.2 percent) and refined oil (23.3 percent). In contrast, outbound shipments fell for: ships, train, bikes (-60.4 percent), natural hydrocarbons (-4.4 percent); works of arts, technical documentation, publishing products (-0.1 percent);  perfumes, cosmetics, cleaning products (-0.1 percent); wood, paper and cardboard (-2.9 percent); jewelry, toys, furniture (-4.7 percent), rubber products, plastics, various minerals (-4.1 percent), pharmaceuticals (-1.9 percent) and agricultural products (-1.8 percent).

Sales were higher to Asia (37.8 percent), the Middle-East countries (41.8 percent), the European countries outside EU (8.5 percent) and Africa (4.6 percent). In contrast, sales declined to America (-5.2 percent) and the EU countries (-1.3 percent).

Imports rose for: aerospace industry products (14.3 percent), perfumes, cosmetics, cleaning products (0.4 percent), automotive products (0.8 percent), pharmaceuticals (1.7 percent), metallurgical and metal products (3.0 percent), refined oil (19.3 percent) and agricultural products (9.8 percent). In contrast, purchases declined for: natural hydrocarbons (-5.1 percent), chemicals (-2.0 percent), industrial & agricultural machinery (-1.1 percent), electrical & household equipment (-0.2 percent); works of arts, technical documentation, publishing products (-5.0 percent); wood, paper, cardboard (-0.5 percent); textiles, leather (-0.1 percent); jewelry, toys, furniture (-1.7 percent); rubber products, plastics , various minerals (-1.5 percent) and ships, trains, bikes (-2.1 percent).

Ministère de l'Économie et des Finances | Rida Husna | rida@tradingeconomics.com
2/7/2017 11:54:51 AM



France Trade Last Previous Highest Lowest Unit
Balance of Trade -3421.00 -4370.00 2674.00 -7045.00 EUR Million [+]
Exports 40424.00 38862.00 40424.00 1165.60 EUR Million [+]
Imports 43845.00 43232.00 44459.00 1151.90 EUR Million [+]
Current Account -1072.00 -2805.00 4784.00 -5990.00 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 114.30 115.02 115.70 89.50 Index Points [+]
Foreign Direct Investment 4550.00 4475.00 20881.00 -8809.00 EUR Million [+]
Capital Flows 20693.00 11224.00 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 84500.00 83800.00 84500.00 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 February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-3421.00 -4370.00 2674.00 -7045.00 1970 - 2016 EUR Million Monthly



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Macau -6002747.00 Dec/16
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