The trade deficit in France widened to EUR 5.25 billion in February of 2020 from an upwardly revised EUR 4.2 billion gap in January. It is the biggest deficit in five months, with both exports and imports at 93% of their average level in 2019. Compared with January, exports were down 3 percent to EUR 38.7 billion, mainly due to sales of capital and consumer goods and imports declined 0.5 percent to EUR 43.9 billion, with a small fall seen in purchases of consumer goods. Exports to Britain jumped 4 percent but were still at only 84 percent of the monthly average of the second half of 2020 while imports from Britain jumped 27 percent, returning to a level very close to the monthly average during the second half of 2020. source: Ministère de l'Économie et des Finances

Balance of Trade in France averaged -1412.78 EUR Million from 1970 until 2021, reaching an all time high of 2674 EUR Million in October of 1997 and a record low of -8005.80 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 May of 2021.

Balance of Trade in France is expected to be -2520.00 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 -3650.00 in 12 months time. In the long-term, the France Balance of Trade is projected to trend around -3330.00 EUR Million in 2022 and -3740.00 EUR Million in 2023, according to our econometric models.

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France Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-5248.70 -4192.00 2674.00 -8005.80 1970 - 2021 EUR Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-01-08 07:45 AM Nov €-3.6B €-4.6B €-4.4B
2021-02-05 07:45 AM Dec €-3.39B €-3.79B €-3.4B
2021-03-05 07:45 AM Jan €-3.95B €-3.57B €-4.2B
2021-04-08 06:45 AM Feb €-5.25B €-4.19B €-3.2B
2021-05-07 06:45 AM Mar €-5.25B €-4.2B
2021-06-09 06:45 AM Apr
2021-07-07 06:45 AM May
2021-08-06 06:45 AM Jun € -5B


News Stream
France Trade Gap at 5-Month High
The trade deficit in France widened to EUR 5.25 billion in February of 2020 from an upwardly revised EUR 4.2 billion gap in January. It is the biggest deficit in five months, with both exports and imports at 93% of their average level in 2019. Compared with January, exports were down 3 percent to EUR 38.7 billion, mainly due to sales of capital and consumer goods and imports declined 0.5 percent to EUR 43.9 billion, with a small fall seen in purchases of consumer goods. Exports to Britain jumped 4 percent but were still at only 84 percent of the monthly average of the second half of 2020 while imports from Britain jumped 27 percent, returning to a level very close to the monthly average during the second half of 2020.
2021-04-08
France Trade Deficit Widens Slightly
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.
2021-03-05
France Trade Deficit Lowest in 9 Months
The trade gap in France narrowed to EUR 3.4 billion in December of 2020, the lowest since March, from EUR 3.8 billion in November. Imports fell 1% to EUR 42.6 billion, amid reduced purchases of automotive products (-8.9%) and aerospace products (-16.2%); mechanical equipment, electrical, electronic & computers (-0.7%) and natural hydrocarbons and other products of mining (-18.3%). Among major trade partners, imports decreased mostly from Germany (-3.1%), China (-2.5%) and the US (-9%). Meanwhile, exports dropped just 0.1% to EUR 39.3 billion, as lower sales of mechanical equipment, electrical, electronic & computers (-2.7%), agricultural goods (-6.3%) and coke & refined petroleum products (-10.4%) were partly offset by stronger shipments of aerospace products (23.7%). Shipments fell mainly to Germany (-11.7%) and the US (-4.4%). In 2020, the country's trade gap widened to EUR 65.2 million from EUR 57.9 million, with exports and imports falling 15.9% and 13%, respectively.
2021-02-05
France Trade Deficit Lowest in 8 Months
The trade gap in France narrowed sharply to EUR 3.6 billion in November of 2020 from EUR 4.6 billion in October, reaching the lowest deficit since March. Exports increased by 1 percent to EUR 39.3 billion supported by intermediate (5.9 percent) and consumption goods (8.6 percent). Meanwhile, imports fell by 1.6 percent to EUR 42.8 billion due to investment (-2 percent) and consumption goods (-4 percent). So far, exports are around 92 percent of their average level in 2019 and imports are at 91 percent.
2021-01-08

France Balance of Trade
Since 2004, France has been recording trade deficits due the gradual erosion of the export-oriented industry, the appreciation of the euro and the increasing dependency on imports of energy and manufactured products. In 2017, the biggest trade deficits were recorded with: China & Hong Kong, Germany, the Netherlands, Italy and Belgium; while the biggest trade surpluses were recorded with: the Middle East, the UK, Africa and Switzerland.