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Monday, April 7, 2008

France Trade Deficit February 2008

France's trade deficit shrank in February to the lowest in nine months as exports rose to a record, led by sales of food, pharmaceuticals and equipment to Africa. The gap between exports and imports was down to 2.77 billion euros ($4.3 billion) from 3.18 billion euros in January, the Trade Ministry in Paris said today.

Imports fell 0.2 percent to 39.75 billion euros and exports climbed 0.9 percent to 36.98 billion euros. Airbus SAS shipped 23 planes worth 1.05 billion euros in February, following 23 planes worth 1.18 billion euros in January.

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