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



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 3215.34 Feb/18
Turkey -5760.71 Feb/18
United Kingdom -965.00 Feb/18
United States -57591.00 Feb/18


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