Trade Balance in France

France Trade Balance | Economic News & Forecasts

France - Trade Balance

A second release confirmed that GDP expanded at a solid rate in the third quarter, largely on accelerating household spending growth. Turning to Q4, available indicators suggest that activity has continued to grow, albeit at a softer pace. Although the unemployment rate fell for the fifth month running in October, consumer sentiment sank into pessimistic territory in October–November, spelling trouble for household spending. That said, a different story has unfolded in private sector activity, as suggested by rebounding industrial output at the outset of Q4 and rising business confidence on average in the quarter. However, PMI readings highlight that the services sector has been the main driving force in Q4 as ongoing supply disruptions have weighed on manufacturing activity. On the pandemic front, surging numbers of Covid-19 cases from mid-November could lead to new restrictions, boding ill for activity ahead.

France - Trade Balance Data

2015   2016   2017   2018   2019  
Trade Balance (USD billion)-32.1  -36.0  -51.3  -57.5  -52.5  

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France Trade Balance Chart

France Trade
Note: Trade balance (in EUR bn).
Source: Bank of France.

France Facts

Value Change Date
Bond Yield0.080.46 %Jan 01
Exchange Rate1.120.65 %Dec 31

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