• France's trade deficit narrows to €4.53 billion in November

Market news

5 February 2016

France's trade deficit narrows to €4.53 billion in November

According to the French Customs, France's trade deficit narrowed to €3.94 billion in December from €4.53 billion in November, exceeding expectations for a decline to a deficit of €4.4 billion. November's figure was revised up from a deficit of €4.63 billion.

Exports declined 0.9% in December, while imports dropped 2.2%.

On a yearly basis, exports rose 1.8% in December, while imports gained 2.9%.

In 2015 as whole, the trade deficit fell to €45.7 billion from €58.3 billion in 2014.

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