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Balance of Trade

The balance of trade is the difference of the value of a country’s exports of goods and services from the value of its imports. If exports are greater than imports, then the country faces trade surplus or if imports are greater than exports, then the country faces trade deficit. This metric is reported on a monthly basis by Ministere de l’Economie et des Finances.

 French Balance of Trade

In May 2017 the trade deficit narrowed to €4.89 billion from €5.59 billion the previous month representing a change of 12.5% while the consensus was a deficit of €5.1 billion. This figure was at its historical lows €-8.10 billion in Jan 2017 and at its highs of €2.67 billion in Oct 1997.