France Balance Commerciale

France’s trade deficit widened to €4.2 billion in December 2025 from a revised €3.5 billion in November, in line with expectations. Imports rose 2% month-on-month to €56.4 billion, led by agricultural products (+10.0%), mechanical equipment (+2.7%), and other industrial products (+1.8%). By region, imports increased from Africa (+32.5%), the Middle East (+14.4%), and Asia (+2.6%), but fell from the Americas (-0.7%) and the EU (-0.2%). Meanwhile, exports grew more moderately by 0.8% to €52.2 billion, supported by stronger sales of agricultural products (+2.3%), mechanical and electronic equipment (+1.3%), and transport equipment (+0.3%). These were partially offset by declines in shipments of refined petroleum products (-12.3%), agri-food products (-0.3%), and publishing and communication products (-2.7%). Regionally, exports rose to the EU (+2.9%), Africa (+3.6%), and the Americas (+12.0%), but fell to the Middle East (-28.6%) and Asia (-3.0%).