France Trade Gap Smallest Since 2009
2026-03-10 08:03
By
Kyrie Dichosa
1 min. read
France’s trade deficit narrowed sharply to €1.8 billion in January 2026, from a revised €4.3 billion in December and well below the expected €4.6 billion gap.
This marked the smallest deficit since July 2009, as exports rose 0.7% month-on-month to €53.4 billion, supported by gains in transport equipment (+0.8%), natural hydrocarbons and electricity (+16.2%), and publishing and communication products (+43.3%).
By region, exports increased to the European Union (+3.8%), Europe outside the EU (+0.2%), and the Americas (+0.2%), but declined to Asia (-5.8%), Africa (-5.1%), and the Middle East (-36.9%).
Meanwhile, imports fell 3.6% to €55.3 billion, driven by lower purchases of transport equipment (-9.6%), natural hydrocarbons and electricity (-10.6%), and other industrial products (-2.2%).
Purchases declined from most regions, including Asia (-6.7%), Europe outside the EU (-6.1%), the Americas (-3.9%), and Africa (-17.0%), while imports from the EU edged down slightly (-0.6%).