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

French trade deficit increased to EUR 4.7 billion in June of 2017 from a downwardly revised EUR 4.4 billion in May, below market expectations of a EUR 5.1 billion gap. Exports fell 2.8 percent from the previous month to EUR 39.2 billion and imports went down by 2.0 percent to EUR 43.8 billion. Balance of Trade in France averaged -1144.04 EUR Million from 1970 until 2017, reaching an all time high of 2674 EUR Million in October of 1997 and a record low of -8219 EUR Million in January of 2017.

France Balance of Trade
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French Trade Gap Widens in June


French trade deficit increased to EUR 4.7 billion in June of 2017 from a downwardly revised EUR 4.4 billion in May, below market expectations of a EUR 5.1 billion gap. Exports fell 2.8 percent from the previous month to EUR 39.2 billion and imports went down by 2.0 percent to EUR 43.8 billion.

Exports decreased by 2.8 percent from the previous month to EUR 39.2 billion, dragged by lower sales of: Ships, trains and bikes (-74.6 percent); aerospace industry (-9.8 percent); natural hydrocarbons (-8.9 percent); refined oil (-7.1 percent); automotive products (-5.0 percent); pharmaceuticals (-6.4 percent); works of arts, technical documentation, publishing products (-4.4 percent); chemicals (-3.0 percent); computers, electronics and optical (-0.4 percent); industrial and agriculture machinery (-0.4 percent); and electrical and household equipment (-0.4 percent). In contrast, outbound shipments increased for: Jewelry, toys, furniture (2.6 percent); perfumes, cosmetics, cleaning products (1.8 percent); agriculture products (1.4 percent); rubber products, plastic, various minerals (0.8 percent);  wood, paper, cardboard (0.5 percent) and textiles, leather (0.4 percent).

Exports decreased to the Middle East (-40.5 percent), mainly to Qatar (-85.8 percent); America (-4.1 percent); the EU (-1.1 percent), mainly to Ireland (-35.1 percent); and Asia (-0.9 percent). In contrast, sales increase to Africa (2.0 percent), mainly to Ethiopia (823.7 percent). 

Imports fell by 2 percent to EUR 43.8 billion, as purchases went down for: Refined oil (-15.4 percent); pharmaceuticals (-10.5 percent); aerospace industry (-9.8 percent); natural hydrocarbons (-4.6 percent); textiles, leather (-4.1 percent); rubber products, plastics, various minerals (-4.0 percent); agriculture (-3.2 percent); wood, paper, cardboard (-2.4 percent); metallurgical and metal products (-1.9 percent); computers, electronics and optical (-1.8 percent); chemicals (-1.4 percent); industrial and agriculture machinery (-1.2 percent); and ships, trains, bikes (-0.6 percent). In contrast, purchases rose for: Works of arts, technical documentation, publishing products (4.4 percent); perfumes, cosmetics, cleaning products (1.6 percent); automotive products (1.4 percent); jewelry, toys, furniture (1.4 percent) and electrical and household equipment (0.4 percent).

Imports declined from the Middle East (-31.3 percent), mainly from Kuwait (-97.8 percent); Norway (-37.5 percent); the EU (-1.9  percent), mainly from Austria (-31.2 percent) and the UK (-7.5 percent); and Asia (-4.2 percent). In contrast, purchases went up from America (5.1 percent) and Africa (0.6 percent), mainly from Ethiopia (5.3 percent).


Ministère de l'Économie et des Finances l Rida Husna | rida@tradingeconomics.com
8/8/2017 9:16:24 AM



Calendar GMT Actual Previous Consensus Forecast (i)
2017-06-08 06:45 AM Apr €-5.54B €-4.78B €-6B €-4.9B
2017-07-07 06:45 AM May €-4.9B €-5.6B €-5.1B €-3.2B
2017-08-08 06:45 AM Jun €-4.7B €-4.4B €-5.1B €-4.7B
2017-09-07 06:45 AM Jul €-4.7B
2017-10-06 06:45 AM Aug
2017-11-08 07:45 AM Sep


France Trade Last Previous Highest Lowest Unit
Balance of Trade -4657.00 -4432.00 2674.00 -8219.00 EUR Million [+]
Exports 39163.00 40278.00 40365.00 1165.60 EUR Million [+]
Imports 43820.00 44710.00 45337.00 1151.90 EUR Million [+]
Current Account -2137.00 -1886.00 4784.00 -6222.00 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 115.14 114.45 115.70 89.50 Index Points [+]
Foreign Direct Investment 1263.00 3702.00 20881.00 -8809.00 EUR Million [+]
Capital Flows 17071.00 6771.00 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 [+]
Terrorism Index 5.60 4.55 5.60 3.38 [+]
Tourism Revenues 4496.00 3857.00 6170.00 1426.00 EUR Million [+]
Tourist Arrivals 84500.00 83800.00 84500.00 75000.00 Thousand [+]
Weapons Sales 2226.00 2080.00 4029.00 8.00 USD Million [+]

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 August of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-4657.00 -4432.00 2674.00 -8219.00 1970 - 2017 EUR Million Monthly



balance of trade by Country

Last
Australia 856.00 Jun/17
Brazil 6298.00 Jul/17
Canada -3601.90 Jun/17
China 467.36 Jul/17
Euro Area 26587.50 Jun/17
France -4657.00 Jun/17
Germany 22324.00 Jun/17
India -11449.80 Jul/17
Indonesia -271.20 Jul/17
Italy 4502.18 Jun/17
Japan 418.77 Jul/17
Mexico 61.53 Jun/17
Netherlands 6620.00 Jun/17
Russia 8690.00 Jun/17
South Korea 10646.00 Jul/17
Spain -1431000.00 May/17
Switzerland 2812.51 Jun/17
Turkey -6010.95 Jun/17
United Kingdom -4564.00 Jun/17
United States -43642.00 Jun/17