France trade deficit fell to $5.34B in April on sharp decline in imports

Nathan Andrada – Fourth Estate Cooperative Contributor

Paris, France (4E) – France’s trade deficit narrowed in April from the previous month as imports fell at a faster pace than the fall in exports.

France’s trade deficit was at 3.93bn euros ($5.34bn) in April compared with 4.87bn euros in March, according to the country’s customs officials on Friday.

Imports fell almost 1.12bn euros in April from March, while exports slid by less than 300mn euros from one month to the next.

France’s total trade gap over the 12 months through April was at 60bn euros. The figure suggests a reduction from 61.1bn euros last year and 67.7bn euros in 2012.

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