2017 Economic Calendar
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France : Merchandise Trade  
Released On 7/7/2017 2:45:00 AM For May, 2017
PriorPrior RevisedActual
LevelE-5.54 BE-5.59 BE-4.89 B

Highlights
The seasonally adjusted trade balance was in a E4.89 billion deficit in May. This was down from a minimally larger revised E5.59 billion in April and the least red ink since last December.

The reduction in the shortfall was attributable to exports which rose 4.3 percent on the month to a near record high. This easily more than reversed April's 2.2 percent decline and in no small way reflected the sale of the Meraviglia cruise ship alongside increased demand for other transport equipment. Imports were up 2.2 percent, supported by strength in intermediates and selected consumer goods.

The May outturn puts the average deficit so far last quarter nearly 20 percent below its first quarter mean. This should equate with a much better period for total net exports which subtracted a sizeable 0.6 percentage points from quarterly economic growth at the start of the year.

Definition
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
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