Economy

France's Trade Deficit Narrows to €6.25 Billion in March, Marking a Significant Improvement

March Sees a Notable Reduction in France's Trade Deficit

In a promising turn of events, France's trade deficit decreased to €6.25 billion in March, down from a revised €7.7 billion in February, as reported by the DSECE on Wednesday.

Exports and Imports Show Positive Growth

Exports saw a significant monthly increase of 5.6%, totaling €52.5 billion, while imports grew by a modest 2.3% to €58.8 billion, indicating a healthier trade balance.

Energy and Manufactured Goods Balance Highlights

The energy balance experienced a reduction to a negative €4.9 billion, down by €0.8 billion. Meanwhile, the manufactured goods balance improved remarkably by €2.2 billion, settling at a negative €3.1 billion for the month.