Imports to France advanced 3.6 percent month-over-month to EUR 48.5 billion in March 2019, boosted by purchases of natural hydrocarbons, mining products, electricity (41.2 percent), mechanical, electrical, electronic and computer equipment (2.2 percent), transport equipment (3.7 percent), and coke and refined petroleum products (5.0 percent). Meanwhile, imports dropped for agricultural, forestry, fishery and aquaculture products (-7.9 percent), agribusiness products (-0.3 percent), and other industrial products (-0.1 percent).
Among major trading partners, imports rose from the EU (2.0 percent), Asia (0.2 percent), America (7.0 percent), Middle East (5.1 percent) and Africa (11.4 percent). Imports in France averaged 20666.36 EUR Million from 1970 until 2019, reaching an all time high of 48525 EUR Million in March of 2019 and a record low of 1151.90 EUR Million in May of 1970.
Imports in France is expected to be 47400.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in France to stand at 49100.00 in 12 months time. In the long-term, the France Imports is projected to trend around 52500.00 EUR Million in 2020, according to our econometric models.