The trade deficit in France widened to EUR 5.25 billion in February of 2020 from an upwardly revised EUR 4.2 billion gap in January. It is the biggest deficit in five months, with both exports and imports at 93% of their average level in 2019. Compared with January, exports were down 3 percent to EUR 38.7 billion, mainly due to sales of capital and consumer goods and imports declined 0.5 percent to EUR 43.9 billion, with a small fall seen in purchases of consumer goods. Exports to Britain jumped 4 percent but were still at only 84 percent of the monthly average of the second half of 2020 while imports from Britain jumped 27 percent, returning to a level very close to the monthly average during the second half of 2020. source: Ministère de l'Économie et des Finances
Balance of Trade in France averaged -1412.78 EUR Million from 1970 until 2021, reaching an all time high of 2674 EUR Million in October of 1997 and a record low of -8005.80 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 April of 2021.
Balance of Trade in France is expected to be -2520.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in France to stand at -3650.00 in 12 months time. 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.