France Balance of Trade  1970-2018 | Data | Chart | Calendar | Forecast

The French trade deficit narrowed to EUR 5.2 billion in February of 2018 from a downwardly revised EUR 5.4 billion in January and slightly above market consensus of a EUR 5.15 billion shortfall. Imports fell 1.4 percent to EUR 44.9 billion, while exports declined at a slower 0.9 percent to EUR 39.7 billion. Balance of Trade in France averaged -1195.50 EUR Million from 1970 until 2018, reaching an all time high of 2674 EUR Million in October of 1997 and a record low of -7341 EUR Million in January of 2017.

France Balance of Trade
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French Trade Deficit Narrows in February


The French trade deficit narrowed to EUR 5.2 billion in February of 2018 from a downwardly revised EUR 5.4 billion in January and slightly above market consensus of a EUR 5.15 billion shortfall. Imports fell 1.4 percent to EUR 44.9 billion, while exports declined at a slower 0.9 percent to EUR 39.7 billion.

Imports declined 1.4 percent from the previous month to EUR 44.9 billion in February, following a dowmwardly revised 1 percent increase in the prior month. Biggest drop were seen in purchases of aerospace products (-26.7 percent), mainly from Germany and UK; natural hydrocarbons, mining products, electricity (-4.6 percent), mainly from Kazakhstan; automotive industry products (-1.4 percent), mostly from Spain and Germany. Other significant loses also recorded in electronic and optical products (-5.4 percent); parfumes, cosmetics, cleaning products (-2.6 percent); textiles, leather (-2.3 percent); and agricultural products (-2.7 percent).

Exports dropped at a softer 0.9 percent to EUR 39.7 billion, compared with an upwardly revised 4.1 percent fall in January. Sales went down mostly for, chemicals produtcs (-8.8 percent); electrical and household equipment (-7.9 percent); electronic and optical products (-5.9 percent); jewelry, toys and furniture (-4.2 percent); pharmaceutical products (-3.5 percent); refined oil (-3.1); textiles, leather (-3 percent). Other decreases were also seen in metallurgical and metallic products (-0.3 percent); rubber, plastic, mineral products (-1.5 percent); parfumes, cosmetics, cleaning products (-0.3 percent); and wood, paper,cardboard (-0.2 percent).  


Ministère de l'Économie et des Finances l Chusnul Ch Manan | chusnul@tradingeconomics.com
4/6/2018 11:18:05 AM


Recent Releases

France Trade Gap Widens in January as Imports Hit Record
The trade deficit in France increased to EUR 5.56 billion in January of 2018 from a downwardly revised EUR 3.40 billion in December and compared with market consensus of a EUR 4.35 billion shortfall. Imports hit a record high mainly due to a surge in purchases of aeronautical industry from Germany. In contrast, exports fell amid declining Airbus sales especially to Malaysia, India, Singapore, China, Hong Kong, Saudi Arabia, Iran and Qatar.
Published on 2018-03-07

French Trade Gap at 1-1/2-Year Low in December
The trade deficit in France decreased to EUR 3.47 billion in December of 2017 from a downwardly revised EUR 5.62 billion in November and compared with market consensus of a EUR 4.9 billion shortfall. Exports went up much more than imports and reached a record high value amid rising Airbus sales to Malaysia, India, Singapore, China, South Korea and Thailand. For 2017, the trade gap widened to EUR 62.3 billion from EUR 48.3 billion in 2016, the highest level since 2012.
Published on 2018-02-07

French Trade Gap Highest in 9 Months
The trade deficit in France increased to EUR 5.69 billion in November of 2017 from an upwardly revised EUR 5.29 billion in October and well above market expectations of a EUR 4.7 billion gap. It is the highest trade shortfall since February as exports fell for the third straight month. Energy products, specially natural hydrocarbons accounted the most for the wider deficit, amid a sharp rise in supply, price growth and lower sales. A decline in shipments of autos and parts and clothing also weighed down on exports.
Published on 2018-01-09

French October Trade Deficit Largest in 3 Months
French trade deficit widened to EUR 5 billion in October of 2017 from a EUR 4.6 billion in September and beating market expectations of a EUR 4.6 billion gap.
Published on 2017-12-07



Calendar GMT Actual Previous Consensus TEForecast
2018-02-07 07:45 AM Balance of Trade €-3.5B €-5.6B €-4.9B €-5.0B
2018-03-07 07:45 AM Balance of Trade €-5.6B €-3.4B €-4.35B €-4.6B
2018-04-06 06:45 AM Balance of Trade €-5.2B €-5.4B €-5.15B €-4.7B
2018-05-04 06:45 AM Balance of Trade €-5.2B €-3.3B
2018-06-07 06:45 AM Balance of Trade €-4.2B
2018-07-06 06:45 AM Balance of Trade €-5.6B


France Trade Last Previous Highest Lowest Unit
Balance of Trade -5186.00 -5423.00 2674.00 -7341.00 EUR Million [+]
Exports 39675.00 40054.00 41755.00 1165.60 EUR Million [+]
Imports 44861.00 45477.00 45477.00 1151.90 EUR Million [+]
Current Account -1986.00 -2018.00 4784.00 -6422.00 EUR Million [+]
External Debt 4830884.00 4891911.00 4931229.00 3536444.00 EUR Million [+]
Current Account to GDP -0.80 -0.90 3.40 -2.10 percent [+]
Terms of Trade 114.24 114.64 115.70 89.50 Index Points [+]
Foreign Direct Investment 2934.00 6284.00 20881.00 -8809.00 EUR Million [+]
Capital Flows -4949.00 -25267.00 36458.00 -31626.00 EUR Million [+]
Remittances 43.00 43.00 87.00 22.00 EUR Million [+]
Gold Reserves 2436.00 2435.94 3024.70 2435.38 Tonnes [+]
Terrorism Index 5.96 5.60 5.96 3.38 [+]
Tourism Revenues 3196.00 3525.00 6170.00 1426.00 EUR Million [+]
Tourist Arrivals 82600.00 84500.00 84500.00 75000.00 Thousand [+]
Crude Oil Production 15.00 15.00 58.00 15.00 BBL/D/1K [+]
Weapons Sales 2162.00 2278.00 4029.00 8.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



France Balance of Trade

Since 2004, France has been recording trade deficits due the gradual erosion of the export-oriented industry, the appreciation of the euro and the increasing dependency on imports of energy and manufactured products. In 2017, the biggest trade deficits were recorded with: China & Hong Kong, Germany, the Netherlands, Italy and Belgium; while the biggest trade surpluses were recorded with: the Middle East, the UK, Africa and Switzerland. 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 April of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-5186.00 -5423.00 2674.00 -7341.00 1970 - 2018 EUR Million Monthly




balance of trade by Country
Country Last
Australia 825.00 Feb/18
Brazil 6280.75 Mar/18
Canada -2686.00 Feb/18
China -49.83 Mar/18
Euro Area 18897.50 Feb/18
France -5186.00 Feb/18
Germany 18400.00 Feb/18
India -13690.00 Mar/18
Indonesia 1091.70 Mar/18
Italy 3104.28 Feb/18
Japan 797.35 Mar/18
Mexico 1062.00 Feb/18
Netherlands 4514.00 Feb/18
Russia 12192.00 Feb/18
South Korea 6865.00 Mar/18
Spain -2167000.00 Feb/18
Switzerland 2315.30 Mar/18
Turkey -5760.71 Feb/18
United Kingdom -965.00 Feb/18
United States -57591.00 Feb/18


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