Economy

France's Trade Deficit Narrows to €6.25 Billion in March, Exports Surge by 5.6%

March Sees a Significant Improvement in France's Trade Balance

In a positive turn of events, France's trade deficit decreased to €6.25 billion in March, down from a revised €7.7 billion in February, according to the latest report from the DSECE.

Exports and Imports Show Promising Growth

Exports saw a notable increase of 5.6%, reaching €52.5 billion, while imports grew by a modest 2.3% to €58.8 billion, contributing to the narrowing trade gap.

Energy and Manufactured Goods Balance Highlights

The energy balance deficit reduced by €0.8 billion to negative €4.9 billion, and the manufactured goods balance improved significantly by €2.2 billion, standing at negative €3.1 billion for the month.