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

French trade deficit widened to EUR 5.54 billion in April 2017 from a downwardly revised EUR 4.78 billion in March but below market expectations of a EUR 6.0 billion gap. Exports fell 3.1 percent month-on-month to EUR 38.3 billion while imports decreased at a slower 1.0 percent to EUR 43.8 billion. Balance of Trade in France averaged -1130.65 EUR Million from 1970 until 2017, reaching an all time high of 2674 EUR Million in October of 1997 and a record low of -8112 EUR Million in January of 2017.

France Balance of Trade
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Calendar GMT Actual Previous Consensus Forecast (i)
2017-04-07 06:45 AM Feb €-6.6B €-8.1B €-4.9B €-4.4B
2017-05-10 06:45 AM Mar €-5.4B €-6.4B €-6B €-5.4B
2017-06-08 06:45 AM Apr €-5.54B €-4.78B €-6B €-4.9B
2017-07-07 06:45 AM May €-5.54B
2017-08-08 06:45 AM Jun
2017-09-07 06:45 AM Jul




France Trade Deficit Widens In April


French trade deficit widened to EUR 5.54 billion in April 2017 from a downwardly revised EUR 4.78 billion in March but below market expectations of a EUR 6.0 billion gap. Exports fell 3.1 percent month-on-month to EUR 38.3 billion while imports decreased at a slower 1.0 percent to EUR 43.8 billion.

In April, sales went down for: aerospace industry products (-6.2 percent), pharmaceuticals (-1.4 percent), ships, train, bikes (-12.5 percent), perfumes, cosmetics, cleaning products (-5.5 percent), electrical and household equipments (-4.9 percent), various minerals (-10.6 percent), jewelry, toys, furniture (-3.6 percent), industrial and agriculture machinery (-1.6 percent), agriculture (-0.8 percent), automotive products (-3.9 percent), refined oil (-2.3 percent), wood, paper and cardboard (-0.3 percent). In contrast, outbound shipments went up for: and works of art, technical documentation publishing produtcs (28.5 percent), metallurgical and metal products (0.5 percent), chemicals (0.6 percent), natural gas, extractive industries, electricity (0.4 percent), textiles, leather (0.2 percent).
 
Exports decreased to Asia (-6.1 percent), mainly to Taiwan (-75.3 percent), Kazakhstan (-20.6 percent), and China and Hong Kong (-10.6 percent); America (-6.9 percent), mainly Brazil (-38.7 percent) and the US (-1.6 percent); EU countries (-2.4 percent), of which Italy (-12 percent); Africa (-1.5 percent); and the Middle East (-9.3 percent).
 
Imports fell for: aerospace industry (-1.8 percent), jewelry, toys, furniture (-3.7 percent), metallurgical and metal products (-0.4 percent), ships, trains, bikes (-7.3 percent); rubber products, plastics, various minerals (-2.4 percent), textiles, leather (-1.6 percent), automotive products (-0.1 percent), chemicals (-1.0 percent); wood, paper, cardboard (-1.8 percent), industrial and agricultural machinery (-5.0 percent), works of arts, technical documentation, publishing products (-5.4 percent), refined oil (-7.1 percent), and perfumes, cosmetics, cleaning products (-3.4 percent). In contrast, outbound shipments rose for : pharmaceuticals (4.1 percent), natural hydrocarbons (3.4 percent); electrical and household equipments (0.3 percent).
 
Imports fell from America (-7.5 percent), mainly from Brazil (-15.1 percent) and the US (-13.7 percent). By contrast, imports rose from Africa (10.5 percent), the Middle East (3.8 percent), Asia (0.4 percent) and the EU (0.3 percent).

Ministère de l'Économie et des Finances l Chusnul Ch Manan | chusnul@tradingeconomics.com
6/8/2017 11:10:50 AM



France Trade Last Previous Highest Lowest Unit
Balance of Trade -5535.00 -4776.00 2674.00 -8112.00 EUR Million [+]
Exports 38276.00 39490.00 40359.00 1165.60 EUR Million [+]
Imports 43811.00 44266.00 45379.00 1151.90 EUR Million [+]
Current Account -3063.00 -2073.00 4784.00 -6374.00 EUR Million [+]
External Debt 4735352.00 4902448.00 4902448.00 3536444.00 EUR Million [+]
Current Account to GDP -0.90 -0.20 3.40 -2.10 percent [+]
Terms of Trade 114.24 115.38 115.70 89.50 Index Points [+]
Foreign Direct Investment 2938.00 2801.00 20881.00 -8809.00 EUR Million [+]
Capital Flows -19435.00 -21568.00 59842.00 -48842.00 EUR Million [+]
Remittances 50.00 50.00 87.00 22.00 EUR Million [+]
Gold Reserves 2435.91 2435.85 3024.70 2435.38 Tonnes [+]
Crude Oil Production 15.00 15.00 58.00 15.00 BBL/D/1K [+]
Weapons Sales 2226.00 2080.00 4029.00 8.00 USD Million [+]
Terrorism Index 5.60 4.55 5.60 3.38 [+]
Tourism Revenues 3707.00 2247.00 6170.00 1426.00 EUR Million [+]
Tourist Arrivals 84500.00 83800.00 84500.00 75000.00 Thousand [+]

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



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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-5535.00 -4776.00 2674.00 -8112.00 1970 - 2017 EUR Million Monthly



balance of trade by Country

Last
Australia 555.00 Apr/17
Brazil 7661.00 May/17
Canada -370.30 Apr/17
China 407.90 May/17
Euro Area 17858.90 Apr/17
France -5535.00 Apr/17
Germany 18078.00 Apr/17
India -13841.70 May/17
Indonesia 474.00 May/17
Italy 3601.32 Apr/17
Japan -203.37 May/17
Mexico 616.79 Apr/17
Netherlands 3833.00 Apr/17
Russia 8001.00 Apr/17
South Korea 5990.00 May/17
Spain -1198829.00 Apr/17
Switzerland 3400.03 May/17
Turkey -4945.41 Apr/17
United Kingdom -2050.00 Apr/17
United States -47617.00 Apr/17