The trade balance was notably affected by manufactured products and energy, customs said.
France’s trade deficit was still dug in June to reach 7.7 billion euros, including a degradation of the energy balance and manufactured products, customs said on Thursday. For the entire first half, the deficit reaches 43 billion euros, a deterioration of 4.4 billion euros compared to the second half of 2024, due to an increase in imports which exceeds that of exports, detail customs.
Since the entry into force of additional provisional customs duties in the United States in early April, which has become effective Thursday for products from dozens of savings, France’s exports to the United States “Decrease slightly” In annual shift, customs note. On the other hand, the evolution of exports to the United States “Do not allow for the moment to identify a manifest effect of customs duties” and customs do not observe “Significant drop” Exports from France to the United States compared to the same period in 2024.
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A “possible postponement to France” and the EU
This drop in exports from France to the United States is also less compared to those observed in its main European partners. And the increase in imports from China, Southeast Asia, Mexico and Canada could translate a “Possible postponement to France” And the EU of part of the exports of these countries, notes the press release.
In detail in June, imports increased by 0.4 billion euros to reach 57.6 billion euros. Exports increase by 0.3 billion euros and stand at 49.9 billion euros. In this month, the digging of the trade deficit is explained in particular by a decrease in the energy balance (-0.1 billion euros) due to a slight increase in imports, as well as that of manufactured products (-0.3 billion euros), according to customs.
