Financial News: French Trade Deficit Narrows Sharply In December

French Trade Deficit Narrows Sharply In December

02/07/2025 - 08:35:00 (RTTNews)

(RTTNews) - France's trade deficit declined sharply in December as exports logged a notable growth amid falling imports, data from the customs office showed on Friday.

The trade gap decreased to EUR 3.9 billion from EUR 6.34 billion in November. In the same period last year, the trade deficit totalled EUR 6.57 billion.

Exports grew 4.0 percent on a monthly basis, while imports dropped 0.8 percent in December.

Year-on-year, exports increased 0.5 percent in December. By contrast, imports fell 1.3 percent.

Another report from the Bank of France showed that the current account balance registered a surplus of EUR 2.4 billion after posting a deficit of EUR 1.2 billion in November.

For the year 2024 as a whole, the current account balance showed a deficit of EUR 8.4 billion, after a deficit of EUR 28.6 billion in 2023.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Wholesale Inventories Decrease In Line With Estimates In December (20 min(s), 30 sec(s) ago)
(RTTNews) - The Commerce Department released a report on Friday showing wholesale inventories in t ...Full Story»

U.S. Consumer Sentiment Unexpectedly Slumps In February As Inflation Expectations Surge (49 min(s), 30 sec(s) ago)
(RTTNews) - Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of February, ...Full Story»

U.S. Employment Climbs Less Than Expected In January (02 hr(s), 42 min(s), 30 sec(s) ago)
(RTTNews) - While the Labor Department released a report on Friday showing employment in the U.S. ...Full Story»

French Trade Deficit Narrows Sharply In December (02 hr(s), 43 min(s), 30 sec(s) ago)
(RTTNews) - France's trade deficit declined sharply in December as exports logged a notable gr ...Full Story»

India Cuts Interest Rates For First Time Since 2020 (03 hr(s), 20 min(s), 30 sec(s) ago)
(RTTNews) - The Reserve Bank of India reduced its key interest rates for the first time in nearly ...Full Story»

Taiwan Inflation Nears 1-Year High, Trade Surplus Grows (05 hr(s), 20 min(s), 30 sec(s) ago)
(RTTNews) - Taiwan consumer price inflation accelerated further in January to the highest level in ...Full Story»

German Exports Rise Unexpectedly; Imports Rebound (05 hr(s), 23 min(s), 30 sec(s) ago)
(RTTNews) - German exports expanded unexpectedly and imports rebounded in December but overall exp ...Full Story»

German Industrial Output Falls Most In 5 Months (06 hr(s), 50 min(s), 30 sec(s) ago)
(RTTNews) - Germany's industrial output declined the most in five months in December, reflecti ...Full Story»