Feb 07
The French trade deficit narrowed in 2009
The boom in fuel prices had widened the trade deficit in French in 2008. In 2009, the fall in oil prices has allowed France to limit the damage. The French trade deficit, is to tell the difference between exports and imports stood at 43 billion euros in 2009 against 55.4 billion in 2008, according to official figures published this friday.
The year 2009 was marked by a sharp fall in world trade has declined by 13% by volume. In this context, French exports fell by 17% and imports by 18% in value, is the Secretary of State for Foreign Trade. "However, from the second quarter, with the gradual recovery of international trade, the French foreign trade contributed positively to the French growth, it is said in the statement creditreport
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