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Quarterly analysis - 1st quarter 2024
In the 1st quarter of 2024, France's FOB/FAB trade balance improved by 2.7 billion euros compared to the 4th quarter of 2023 and reached -17.6 billion. However, despite a sixth consecutive quarterly increase, the trade balance remains more deteriorated than in 2019, being more than 20% lower. The improvement in the 1st quarter of 2024 is mainly due to “other industrial products” driven in particular by chemicals, perfumes and cosmetics and pharmaceutical products as well as to a lesser extent by energy. Conversely, the balance of transport equipment deteriorated due to the decline in exports following the ... (full story)
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- Posted: May 7, 2024 3:11am
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