8 April 2026, 13:36 France: Trade Gap Widens More Than Expected.
France’s trade deficit widened to €5.8 billion in February 2026 from an upwardly revised €2.0 billion in February and above the expected €2.4 billion. Exports fell 0.9% month-on-month to €51.0 billion, weighed down by lower shipments of agricultural products (-2.8%), mechanical and electrical equipment (-0.5%), and natural hydrocarbons (-25.7%), while gains were seen in refined petroleum (+15.8%) and other industrial products (+1.7%). By region, exports fell to Asia (-8.1%) and the European Union (-0.6%), but rose to Africa (+5.6%), the Americas (+6.4%), and the Middle East (+2.2%). Meanwhile, imports increased 5.0% to €58.5 billion, driven by higher purchases of mechanical and electrical equipment (+5.7%), transport equipment (+7.6%), and natural hydrocarbons (+23.1%), though refined petroleum imports fell (-5.4%). Imports grew from Africa (+10.0%), the Americas (+7.7%), and Asia (+5.0%), while flows from the Middle East (+1.2%) and the EU (+3.3%) rose moderately.
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