The trade gap in France narrowed to €12.2 billion in April of 2022 from a record high deficit of €12.7 billion in March. Figures match market forecasts, with a general rise in prices of goods pushing both exports and imports higher. Imports were up 0.4% to reach a new record high of €58.9 billion, led by an 11.7% jump in purchases of natural hydrocarbons, other mining products, electricity, waste. Exports increased 1.6% to €46.7 billion, with sales of transport equipment booking the biggest rise (13.4%). The largest trade gaps were seen with Asia (€-6.2 billion) and the European Union (€-5.4 billion). source: Ministère de l'Économie et des Finances
Balance of Trade in France averaged -1568.98 EUR Million from 1970 until 2022, reaching an all time high of 2674 EUR Million in October of 1997 and a record low of -12649.20 EUR Million in March of 2022. 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 June of 2022.
Balance of Trade in France is expected to be -2620.00 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 -3740.00 EUR Million in 2023, according to our econometric models.