French Trade Deficit Widens in September on Higher Imports


In September of 2013, French trade deficit rose more than expected to 5.82 billion €, from a 5 billion € deficit in the previous month and a 5.07 billion € gap a year earlier.

Exports amounted to 36.6 billion €. Although shipments increased 1.85 percent over the previous month, sales shrank 1.3 over a year earlier. While industrial sales grew, boosted by pharmaceutical products, industrial machinery and motor vehicles, airbus deliveries sharply dropped. 

Imports rose to 42.5 billion €, up by 3.4 percent over August and 0.66 percent over September last year, boosted by higher energy demand and a rise in imports of manufacturing goods. 

In the first nine months of 2013, the trade deficit amounted to 46.1 billion €, down from the 51.7 billion € recorded in the same period last year.

French Trade Deficit Widens in September on Higher Imports


Ministry of Finance | Joana Taborda | joana.taborda@tradingeconomics.com
11/8/2013 11:02:40 AM