France's trade deficit widened to EUR 6.96 billion in July of 2021, from a revised EUR 6.05 billion in the previous month, the largest shortfall since August of 2020. Exports eased down by 1.9 percent, amid lower sales of other industrial products (-5.6 percent); in transport equipment (-4.8 percent); and products of the food industry (-2.1 percent). Exports declined to most regions, notably the EU (-5.0 percent); Asia (-4.8 percent) and to European countries outside the EU (-2.6 percent). Meanwhile, imports inched up 0.1 percent, led by purchases of mechanical equipment, electrical, electronic, and computers equipment (1.2 percent); and natural hydrocarbons, other products of mining, electricity, waste (5.3 percent), while a drop in transport equipment (-6.8 percent) offset most gains. Among key trading partners, purchases were higher from the EU (0.5 percent), Asia (2.4 percent), and European countries outside the EU (4.4 percent). source: Ministère de l'Économie et des Finances
Balance of Trade in France averaged -1453.93 EUR Million from 1970 until 2021, reaching an all time high of 2674 EUR Million in October of 1997 and a record low of -7848 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 September of 2021.
Balance of Trade in France is expected to be -4650.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. 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.