France's trade deficit narrowed to EUR 6.67 billion in August of 2021, from an upwardly revised EUR 7.08 billion in the previous month, which was the largest shortfall since August of 2020. Exports advanced 3.7 percent, bolstered by shipments of other industrial products (4.2 percent); transport equipment (6.2 percent); mechanical equipment & electronic, and computer equipment (1.8 percent); and agricultural, forestry, and fishing goods (15.0 percent). Geographically, sales went up to the EU (3.9 percent); European countries outside the EU (3.5 percent); and Asia (14.1). Meanwhile, imports rose a slower 2.3 percent, mostly for other industrial products (1.7 percent); mechanical equipment & electronic, and computers equipment (2.3 percent); and food products (1.4 percent), while a drop in transport equipment (-0.2 percent) partly offset the advance. Within key trading partners, upward pressure came from the EU (2.7 percent); the Americas (1.0 percent), and Africa (25.7 percent). source: Ministère de l'Économie et des Finances

Balance of Trade in France averaged -1462.20 EUR Million from 1970 until 2021, reaching an all time high of 2674 EUR Million in October of 1997 and a record low of -8005 EUR Million in June of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.

Balance of Trade in France is expected to be -4550.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the France Balance of Trade is projected to trend around -3330.00 EUR Million in 2022 and -3740.00 EUR Million in 2023, according to our econometric models.

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France Balance of Trade


Calendar GMT Actual Previous Consensus TEForecast
2021-09-08 06:45 AM Jul €-6.96B €-6.05B €-6.2B
2021-10-07 06:45 AM Aug €-6.67B €-7.08B €-5.7B
2021-11-09 07:45 AM Sep €-6.67B € -4.7B
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
French Trade Deficit Narrows Slightly
France's trade deficit narrowed to EUR 6.67 billion in August of 2021, from an upwardly revised EUR 7.08 billion in the previous month, which was the largest shortfall since August of 2020. Exports advanced 3.7 percent, bolstered by shipments of other industrial products (4.2 percent); transport equipment (6.2 percent); mechanical equipment & electronic, and computer equipment (1.8 percent); and agricultural, forestry, and fishing goods (15.0 percent). Geographically, sales went up to the EU (3.9 percent); European countries outside the EU (3.5 percent); and Asia (14.1 percent). Meanwhile, imports rose a slower 2.3 percent, mostly for other industrial products (1.7 percent); mechanical equipment & electronic, and computers equipment (2.3 percent); and food products (1.4 percent), while a drop in transport equipment (-0.2 percent) partly offset the advance. Within key trading partners, upward pressure came from the EU (2.7 percent); the Americas (1.0 percent), and Africa (25.7 percent).
2021-10-07
France Posts Largest Trade Gap in 11 Months
France's trade deficit widened to EUR 6.96 billion in July of 2021, from a revised EUR 6.05 billion in the previous month, the largest shortfall since August of 2020. Exports eased down by 1.9 percent, amid lower sales of other industrial products (-5.6 percent); in transport equipment (-4.8 percent); and products of the food industry (-2.1 percent). Exports declined to most regions, notably the EU (-5.0 percent); Asia (-4.8 percent) and to European countries outside the EU (-2.6 percent). Meanwhile, imports inched up 0.1 percent, led by purchases of mechanical equipment, electrical, electronic, and computers equipment (1.2 percent); and natural hydrocarbons, other products of mining, electricity, waste (5.3 percent), while a drop in transport equipment (-6.8 percent) offset most gains. Among key trading partners, purchases were higher from the EU (0.5 percent), Asia (2.4 percent), and European countries outside the EU (4.4 percent).
2021-09-08
French Trade Gap Shrinks in June
France's trade deficit narrowed to EUR 5.82 billion in June of 2021, from a revised EUR 6.59 billion in the previous month. Exports rose 5.4 percent, led by mechanical equipment, electrical, electronic and computer equipment (0.5 percent); transport equipment (7 percent); products of the food industry (2.1 percent) and natural hydrocarbons, other products of mining, electricity, waste (20.8 percent). Outbound shipments advanced to the EU (9.4 percent); Asia (3.6 percent) and America (4.8 percent). Meanwhile, imports went up 2.8 percent mainly due to transport equipment (5.5 percent); products of the food industry (3.8 percent) and natural hydrocarbons, other products of mining, electricity, waste (5.3 percent). Purchases increased from the EU (2.7 percent); America (11.4 percent) but declined from Asia (-4.4 percent).
2021-08-06

France Last Unit Reference Previous Highest Lowest
Balance of Trade -6669.00 EUR Million Aug/21 -7083.00 2674.00 -8005.00
Current Account -1280.00 EUR Million Aug/21 -3390.00 4784.00 -8013.00
Imports 48974.00 EUR Million Aug/21 47884.00 48974.00 1151.90
Exports 42305.00 EUR Million Aug/21 40802.00 44665.00 1165.60


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.