Imports to France advanced 1.8 percent from the previous month to EUR 47.8 billion in August 2019, as purchases rose for mechanical, electrical, electronic and computer equipment (2.5 percent), transport equipment (5.6 percent), refined petroleum products (4.2 percent), agricultural, forestry, fishery and aquaculture products (3.1 percent) and agribusiness products (0.3 percent). Meanwhile, imports of natural hydrocarbons, mining products, electricity fell 1.2 percent. Among major trade partners, imports rose from Germany (1.3 percent), China & Hong Kong (3.3 percent), Belgium (0.9 percent), Spain (0.4 percent), the US (1.5 percent), the UK (17.7 percent), Japan (4.8 percent), Russia (69.2 percent) and Czech Republic (0.7 percent). In contrast, there were declines in purchases from Italy (-4.1 percent), the Netherlands (-3 percent), Switzerland (-0.1 percent), Poland (-1.7 percent), the Middle East (-17.6 percent), Turkey (-4.1 percent) and Ireland (-9.9 percent). Imports in France averaged 20888.37 EUR Million from 1970 until 2019, reaching an all time high of 48334 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 48500.00 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 49990.00 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.