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France Trade Gap Broadens in December
France’s trade deficit widened to €4.8 billion in December 2025 from a revised €4.0 billion in November. Imports rose 3.0% month-on-month to €57.9 billion, led by transport equipment (+10.3%), mechanical and electronic equipment (+2.1%), and refined petroleum products (+8.0%). By region, imports increased from the Middle East (+24.6%), Asia (+8.6%), the Americas (+5.6%), and the EU (+0.3%), but fell from Africa (-4.1%). Meanwhile, exports grew 1.8% to €53.1 billion, supported by mechanical and electronic equipment (+6.3%), agri-food products (+2.4%), and natural hydrocarbons (+11.1%), partially offset by declines in refined petroleum products (-10.2%), transport equipment (-2.2%), and agricultural products (-2.5%). Regionally, exports rose to the Middle East (+27.1%) and Asia (+12.1%), but fell to the Americas (-3.8%), Africa (-3.3%), and the EU (-0.4%). For the full year, the trade gap narrowed slightly to €69.6 billion from €79.0 billion in 2024.