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.