In February 2025, France's trade balance fell sharply -€1.4 billion to -€7.9 billion, below expectations of an improvement to -€5.4 billion.

• Over the month, exports were mostly unchanged at €49.7 billion, while imports increased 2.4% MoM to €57.5 billion.
• Exports to the EU fell -1.4% MoM while imports from the EU increased 5.6% MoM, driving the widening in the deficit.
• Exports to the Americas increased 8.0% MoM while imports from the Americas were up just 0.8% MoM.