The French Customs Authorities published France's foreign trade results on February 7, 2020. French exports remain buoyant and increased by 3.3% in 2019 (3.8% in 2018). In 2019, aerospace exports rose significantly (+ 11.9%).


France’s free on board (FOB) trade deficit now stands at - €58.9 billion, having improved from the - €62.8 billion recorded in 2018. Just as in 2018, France’s trade deficit with the EU has once again improved, decreasing from - €35.1 billion in 2018 to - €32.5 billion in 2019.  


The number of French exporters increased last year by 2.5% and now stands at 128,373.


The key figures are as follows:


• French exports of goods remained strong in 2019 and increased by 3.3% (3.8% in 2018).• The sectors that contributed the most to this increase were aerospace, pharmaceuticals, textiles and clothing, and perfumes.• Exports rose sharply to third countries (+ 4.8%), particularly the United States (+ 9.7%).• France's free on board (FOB) trade deficit improved in 2019 and stood at €58.9 billion. This improvement was largely explained by a fall in oil prices, reducing the energy deficit by €0.8 billion, and an improvement in the manufacturing sector (+ €1.2 billion).• The number of export operators stood at 128,373 in 2019, the highest in 15 years.• France's share in global exports in value terms has been generally stable since 2012, representing 3.1% for goods, and 3.5% for goods and services.


For further information, click here for the French Customs Authorities’ findings (in French). Alternatively, click here to read the 2019 Foreign Trade Results from the Minister of State attached to the Minister for Europe and Foreign Affairs (in French).