French Monthly Overview – November 2025

France’s Trade Deficit Narrows in November 2025

France’s trade deficit is expected to shrink by €0.6 billion in November 2025, bringing the total shortfall to €4.0 billion. Since June 2025, the country’s trade position has improved by €2.8 billion.

During November, exports experienced a modest increase of €0.2 billion, reaching €52.2 billion, while imports dropped by €0.4 billion to €56.2 billion.

The energy sector saw notable progress, with the trade gap narrowing by €0.5 billion. This was driven by a €0.3 billion reduction in energy imports and a €0.2 billion rise in energy exports. Additionally, the trade balance for manufactured goods improved by €0.2 billion.

These positive developments are largely attributed to a substantial boost in the trade balance for specific sectors.