2017 Economic Calendar
2019 Econoday Investor's Journal Buy Now
POWERED BY  econoday logo
U.S. & Intl Recaps   |   Event Definitions   |   Today's Calendar   |   

France : Merchandise Trade  
Released On 4/7/2017 2:45:00 AM For Feb, 2017
PriorPrior RevisedActual
LevelE-7.94 BE-8.06 BE-6.57 B

The seasonally adjusted trade balance returned another sizeable E6.57 billion shortfall in February, down from E8.06 billion in January but still the second largest deficit in four years.

Exports were up 1.6 percent on the month thanks to gains in aerospace, pharmaceuticals, chemicals and electrical equipment. However, this reversed only a small part of January's 7.6 percent nosedive and sales overseas were 0.3 percent below their level a year ago. At the same time, imports were down 2.0 percent versus January, their first decline since last September but a small enough drop to leave their second highest level on record.

The disappointing February data put the average trade gap so far last quarter at 7.32 billion, a 60 percent increase versus the E4.56 billion mean posted in the final quarter of 2016. Total net exports boosted fourth quarter real GDP growth by just 0.1 percentage points but on current trends, probably had a much more significant negative impact in January-March.

The merchandise trade balance measures the difference between imports and exports of goods. The level of the international trade balance, as well as changes in exports and imports, indicate trends in foreign trade and can offer a guide to an economy's competitiveness.  Why Investors Care

2017 Release Schedule
Released On: 1/62/73/84/75/106/87/78/89/710/611/812/7
Release For: NovDecJanFebMarAprMayJunJulAugSepOct

powered by  [Econoday]