France’s Trade Deficit Deepens to €7.6 Billion in May 2025 Amid Export Slump

France's trade balance worsened significantly in May 2025, with the deficit reaching €7.6 billion as exports declined more sharply than imports. The manufacturing sector remains the primary drag on economic performance, reflecting persistent competitiveness challenges in French industry.

Customs data reveals exports fell by €1 billion compared to a €600 million drop in imports. The energy sector offered minor relief, with imports declining faster than exports, but this partial improvement couldn't offset broader weaknesses.

Analysts point to deteriorating international trade conditions exacerbating structural issues in France's industrial base. The sustained deficit suggests deeper economic vulnerabilities that may require policy intervention to restore export competitiveness.