French trade gap widened too EUR 3.95 billion in January of 2021 from EUR 3.57 billion in December. Exports went up 2.8 percent to EUR 40.27 billion, the highest reading since February of 2020 and standing at 94 percent of their average levels in 2019. Imports surged 3.5 percent to EUR 44.17 billion, also the highest since February of 2020, before the coronavirus pandemic and at 92 percent of 2019 average. In January, the energy deficit has remained at a historically low level of EUR 2.1 billion. Trade with the UK was disrupted due to Brexit. Exports fell to 87 percent of their average level in the second half of 2020 and imports fell even more sharply and stood at 80 percent. source: Ministère de l'Économie et des Finances
Balance of Trade in France averaged -1404.65 EUR Million from 1970 until 2021, reaching an all time high of 2674 EUR Million in October of 1997 and a record low of -8059.20 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 March of 2021.
Balance of Trade in France is expected to be -3350.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in France to stand at -2650.00 in 12 months time. In the long-term, the France Balance of Trade is projected to trend around -3650.00 EUR Million in 2022 and -3330.00 EUR Million in 2023, according to our econometric models.