March Sees Improvement in French Trade Balance

In a positive turn for the French economy, the trade deficit reduced to €6.25 billion in March from a revised €7.7 billion in February, as reported by the DSECE. This improvement reflects a stronger export performance and a moderated increase in imports.

Export and Import Trends

Exports saw a significant rise of 5.6% to €52.5 billion, outpacing the 2.3% growth in imports, which reached €58.8 billion. This disparity contributed to the narrowing of the trade gap, showcasing France's competitive edge in global markets.

Sectoral Performance

The energy sector's deficit slightly decreased by €0.8 billion to -€4.9 billion, while the manufactured goods sector showed remarkable improvement, with its deficit reducing by €2.2 billion to -€3.1 billion. These figures highlight the dynamic shifts within France's trade sectors.