Imports to France dropped at a faster 2.7 percent month-over-month to EUR 47.3 billion in April 2019, mostly due to lower purchases of other industrial products (-2.9 percent), mechanical, electrical, electronic and computer equipment (-2.5 percent), transport equipment (-3 percent), natural hydrocarbons, mining products, electricity (-10.7 percent), and agribusiness products (-1.1 percent). In contrast, purchases advanced for coke and refined petroleum products (2.7 percent), and agricultural, forestry, fishery and aquaculture products (6.6 percent). Among major trading partners, imports went down from the EU (-4.7 percent), America (-4.5 percent), Africa (-10.4 percent), and Middle East (-3.7 percent), but increased from Asia (5.7 percent). Imports in France averaged 20710.50 EUR Million from 1970 until 2019, reaching an all time high of 48577 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 47400.00 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 49100.00 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.