In May 2025*, France's trade balance deteriorated (-€0.4 billion) to -€7.6 billion. Over the month, imports decreased by €0.6 billion to €56.7 billion. Exports fell further, by €1 billion to €49.1 billion. The energy balance improved (+€0.4 billion) due to a greater decline in imports than exports. The balance of manufactured goods deteriorated (-€0.8 billion), linked to the deterioration in the balance of capital goods (-€0.7 billion) and that of consumer goods (-€0.1 billion). The balance of intermediate goods, meanwhile, remained stable. *Monthly foreign trade statistics are commented on as a trend throughout the ... (full story)