French Trade Deficit Widens in September


French trade gap increased to €3.38 billion in September of 2015 from a €2.98 billion deficit recorded in the preceding month and slightly below expectations, as exports fell while imports rose.

Exports dropped by 0.6 percent to €37.39 billion in September of 2015 as compared to a month earlier. Outbond shipments declined for: chemicals (-0.5 percent); jewelry, toys and furniture (-4.5 percent); industrial and agriculture machinery (-2.4 percent); agriculture (-2.3 percent); natural hydrocarbons (-2.4 percent); works of arts, technical documentation, publishing products (-34.7 percent) and aerospace industry (-3.5 percent). In contrast, sales rose for: metalurgical and metal products (+7.7 percent); ships, trains, bikes (+31.2 percent); automotive products (+2.1 percent); computer, electronics & optical (+1.3 percent); rubber products, plastics, various minerals (+1.0 percent); refined oil (+8.3 percent); textiles, leather (+1.0 percent); perfumes, cosmetics, cleaning products (+1.3 percent); wood, paper & cardboard (+0.9 percent);  electrical and household equipment (+1.7 percent) and pharmaceuticals (+3.4 percent).

Outbond shipments fell in September to America (-2.4 percent), Africa (-17.2 percent) (-3.4 percent) and the European outside the EU (-1.5 percent). In contrast, sales rose to Asia (+3.5 percent), the Middle East countries (+2.5 percent) and the EU countries (+0.3 percent).

Imports grew by 0.5 percent to €40.78 billion as compared to the previous month. Purchases rose for: aerospace industry products (+16.7 percent); agriculture (+1.3 percent) and pharmaceuticals (+3.0 percent). In contrast, inbound shipments fell for: metalurgical and metal products (-4.1 percent); ships, trains, bikes (-38.8 percent); chemicals (-5.1 percent); rubber products, plastics, various minerals (-2.7 percent); refined oil (-0.9 percent); textiles, leather (-1.1 percent); perfumes, cosmetics, jewelry (-4.1 percent); wood, paper & cardboard (-2.0 percent); jewelry, toys, furniture (-3.6 percent); industrial & agriculture machinery (-1.2 percent) and works of arts, technical documentation, publisshing products (-2.8 percent).

French Trade Deficit Widens in September


Ministère de l'Économie et des Finances l Rida Husna | rida@tradingeconomics.com
11/6/2015 8:41:54 AM