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

France recorded a trade gap of EUR3.44 billion in June of 2016, compared to a downwardly revised EUR2.72 billion in May and market expectations of a deficit of EUR3.9 billion as exports fell while imports rose. Compared to a month earlier, exports dropped by 1.8 percent to EUR36.86 billion. Imports increased slightly by 0.1 percent to EUR40.30 billion. In June 2015, trade deficit was at EUR2.60 billion. Balance of Trade in France averaged -1062.66 EUR Million from 1970 until 2016, reaching an all time high of 2674 EUR Million in October of 1997 and a record low of -7057 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
-3440.00 -2717.00 2674.00 -7057.00 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 August of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
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 €-3.4B €-2.7B € -3.9B € -2.8B
2016-09-07 06:45 AM Jul €-3.4B € -3.7B
2016-10-07 06:45 AM Aug € -3.1B
2016-11-07 07:45 AM Sep € -3.3B

France Trade Deficit Widens in June


France recorded a trade gap of EUR3.44 billion in June of 2016, compared to a downwardly revised EUR2.72 billion in May and market expectations of a deficit of EUR3.9 billion as exports fell while imports rose slightly.

Compared to a month earlier, exports dropped by 1.8 percent to EUR36.86 billion. Outbound shipments declined for: textiles, leather (-0.7 percent); rubber products, plastics, various minerals (-0.3 percent), refined oil (-8.4 percent); perfumes, cosmetics, cleaning products (-0.8 percent); wood, paper, cardboard (-2.3 percent); jewelry, toys, furniture (-6.3 percent), works of arts (-18.0 percent), agriculture (-7.9 percent), pharmaceuticals (-8.5 percent) and ships, trains and bikes (-67.1 percent). In contrast, sales rose for: aerospace industry products (+5.9 percent), natural hydrocarbons (+8.0 percent) and metallurgical and metal products (+4.1 percent), automotive products (+2.7 percent).

Sales increased to the EU countries (+2.7 percent) and European countries outside EU (+6.0 percent). In contrast, exports fell to: Asia (-5.2 percent), Africa (-14.9 percent), the Middle-East countries (-32.3 percent) and America (-16.3 percent).

Imports increased by 0.1  percent to EUR40.30 billion. Purchases rose for: industrial & agriculture machinery (+0.2 percent); perfumes, cosmetics, cleaning products (+1.8 percent),; wood, paper, cardboard (+0.1 percent) and optical & household equipment (+1.5 percent). In contrast, inbound shipments fell for: aerospace industry products (-5.7 percent), natural hydrocarbons (-11.6 percent), matallurgical & metl products (-1.6 percent), automotive products (-0.3 percent); textiles, leather (-2.0 percent), refined oil (-2.4 percent); jewelry, toys, furniture (-2.5 percent), works of arts (-2.5 percent) and ships, trains, bikes (-20.9 percent).

 In June 2015, trade deficit was at EUR2.60 billion.

Ministère de l'Économie et des Finances l Rida Husna | rida@tradingeconomics.com
8/5/2016 9:00:48 AM

France Trade Last Previous Highest Lowest Unit
Balance of Trade -3440.00 -2717.00 2674.00 -7057.00 EUR Million [+]
Exports 36858.00 37547.00 39853.00 1165.60 EUR Million [+]
Imports 40298.00 40264.00 44462.00 1151.90 EUR Million [+]
Current Account -605.00 -318.00 4784.00 -6054.00 EUR Million [+]
External Debt 5360467.91 4979756.44 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 1668.00 1007.00 20881.00 -8809.00 EUR Million [+]
Capital Flows -7373.00 12662.00 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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