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

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

React to this article
Latest news
Date Title
<1m ago ALEXANDER : Mandela's place in history
<1m ago SAMIR : Milkman cheated of Rs 2 lakh, fake dollar bills given
<1m ago HONDA MOTOR : Two injured in head on collision
<1m ago WAL MART STORES : In uniform but not out of character
<1m ago SHOCHIKU : Hit manga 'One Piece' to be adapted as kabuki
1m ago UDI : We've only just begun
1m ago GENERAL MOTORS : Coming to America: Electric Drive for GM's Volt
1m ago AUXILIUM PHARMACEUTICALS : Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K)
1m ago RIVERSIDE RESOURCES : Signs Option Agreement with Croesus Gold Corp. for Sugarloaf Peak Gold Project, Arizona
1m ago Fitch Publishes U.S. Onshore Drillers and Oilfield Services Dashboard
Latest news
Advertisement
Hot News 
DIXONS CARPHONE : Wearable tech on 1 in 3 Christmas wish lists, experts predicting 17 million to own it within three years
PETARDS : Wins GBP1 Million Equipment Deal With Ministry Of Defence
SOITEC : updates its 2015 and 2016 financial guidance
ChinaNet Online Holdings Signs Strategic Partnership Agreement With MediaFun
ACTION HOTELS : Finishes Two Hotels In Bahrain, UAE With Third Coming
Most Read News
1d ago GOODMAN : GMG distribution for the six months ending 31 December 2014
1d agoDJBANK OF EAST ASIA : Thomas Kwok Conviction Won't Impact Company
1d ago SMARTAC CHINA : 22 Dec 2014Announcements and Notices - Voluntary Announcement in Respect of Signing of Wi-fi installation and Post-installation Maintenance and Operation Agreement
1h ago Wall Street edges up after three-day run; Gilead slumps
1d ago INDOOR SKYDIVE AUSTRALIA : ASX:IDZ) Perth Development Application Lodged
Most recommended articles
4m agoDJALSTOM : DOJ : Bribes Paid in Countries Including Indonesia, Saudi Arabia, Egypt And the Bahamas
10m ago TSX edges lower as oil slip hurts energy companies
14m ago Dollar Likely to Hit New Highs, but Caution Advised For key Reasons
14m ago Russian central bank sets limit on overnight forex swap operations at $10 billion for December 22
16m ago Canada budget deficit rises in October on tax cuts
Dynamic quotes  
ON
| OFF