Economy

France Sees a Narrowing Trade Deficit in March, Exports Surge by 5.6%

France's Trade Deficit Shows Signs of Improvement

In a recent report released by the French External Trade Ministerial Statistical Office (DSECE), it was revealed that France's trade deficit decreased to €6.25 billion in March from a revised €7.7 billion in February.

Exports and Imports on the Rise

Exports saw a significant increase of 5.6% monthly, reaching €52.5 billion, while imports grew by 2.3% to €58.8 billion in March.

Energy and Manufactured Goods Balance

The energy balance experienced a decline, moving to a negative €4.9 billion, a decrease of €0.8 billion. Conversely, the manufactured goods balance showed improvement, with a €2.2 billion increase to a negative €3.1 billion.