Member access

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 

France's Trade Deficit Narrows in November

01/08/2013 | 03:12am US/Eastern
Recommend:
0

By William Horobin

PARIS--France's trade deficit narrowed in November from October as the slow down in trade hit imports more than exports, the country's customs office said Tuesday.

The trade deficit of the euro zone's second largest economy fell to 4.33 billion euros ($5.66 billion) from EUR4.71 billion in October. Exports fell to EUR36.49 in November from EUR37.53 billion in October, while imports fell to EUR40.83 billion from EUR42.24 billion.

Imports were marked by a reduction in aeronautical purchases from Germany, and falls in industrial machine, rubber and electrical equipment purchases, the customs office said. Imports of chemical and pharmaceutical products rose, as well as cars and mobile telephones.

Industrial exports fell particularly strongly, while pharmaceutical exports remained at a high level, the customs office said.

The country's trade deficit over the 12 months up to and including November 2012 stood at EUR65.83 billion, almost EUR9 billion lower than the EUR74.2 billion deficit recorded in 2011.

Write to William Horobin at william.horobin@dowjones.com

Recommend :
0
React to this article
Latest news
Date Title
4m ago MICHELIN : Financial Information for the Six Months Ended June 30, 2014
4m ago FAURECIA : Strong improvement in performance and upwards revised guidance for 2014
12m ago VIRGINIA ELECTRIC & POWER : North Carolina Department of Utilities Commission Issues Order Granting Extension of Time of Virginia Electric and Power Company d/b/a Dominion North...
12m ago MTA New York City Transit to Introduce More Service Investments
24m ago NORTH ARROW MINERALS : Picture This: North Arrow Completing Bulk Sampling Program at Qilalugaq
24m ago KAMINAK GOLD : Coffee Project to Proceed Directly to Feasibility
24m ago FISSION URANIUM : First Results from Fission Uranium’s Summer Drill Program: “14 Holes, 14 Hits”
29m ago Japan labour demand strengthens, good omen for economic recovery
34m ago US Dollar May Rise Before Key Data on Firming Consumer Confidence
34m ago T MOBILE US : -Mobile deal helps Rhapsody hi 2M paying subs
Latest news
Advertisement
Hot News 
FAMILY DOLLAR STORES : Acquisition of Family Dollar Stores, Inc. by Dollar Tree, Inc. May Not Be in Shareholders' Best Interests
ACELRX PHARMACEUTICALS : Nasdaq stocks posting largest volume increases
QUICKSILVER RESOURCES : Files Application to Export Liquefied Natural Gas from Discovery LNG
TRULIA : EQUITY ALERT: The Rosen Law Firm Announces Investigation of Trulia, Inc. (TRLA) Concerning the Proposed Acquisition by Zillow Inc. (Z)
TUTOR PERINI : Announces Conference Call to Discuss Second-Quarter 2014 Results
Most Read News
1d ago Microsoft targeted in apparent Chinese anti-trust probe
1d ago Panasonic to initially invest $200-300 million in Tesla battery plant
1d ago DARDEN RESTAURANTS : CEO to step down amid investor pressure, stock jumps
1d agoDJQBE INSURANCE : Warns 1st Half Results Won't Meet Expectations
1d ago MASCO : Delivers Operating Growth in Second Quarter 2014
Most recommended articles
29m ago Japan labour demand strengthens, good omen for economic recovery
33m ago US Dollar May Rise Before Key Data on Firming Consumer Confidence
1d agoDJQBE INSURANCE : Warns 1st Half Results Won't Meet Expectations
1d agoDJCity, State Seek Dismissal of Suit Challenging Property-Tax System
1d ago Microsoft targeted in apparent Chinese anti-trust probe
Dynamic quotes  
ON
| OFF