French Trade Deficit Grows in January Due to Decline in Exports

Friday, 8 March 2024, 07:47

The latest trade balance report for France in January shows that the trade deficit increased to -€7.39 billion, compared to the previous month's -€6.83 billion. This increase was mainly driven by a 3.1% decline in exports combined with a smaller 1.1% decrease in imports.
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French Trade Deficit Grows in January Due to Decline in Exports

France January Trade Balance Report

The latest trade balance report for France in January reveals a growing deficit compared to the previous month.

Details:

  • Prior trade balance was -€6.83 billion, revised to -€6.42 billion
  • Exports decreased by 3.1%
  • Imports decreased by 1.1%

Conclusion: The French trade deficit worsened in January primarily due to the larger decline in exports, highlighting potential challenges for the economy.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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