Trade Balance EUR

The Trade Balance released by MINEFA is a balance between exports and imports of total goods and services. A positive value shows a trade surplus, while a negative value shows a trade deficit. A steady demand for French exports would turn into positive growth in the trade balance, which should be positive (or bullish) for the Euro.

STARTED - Friday 6 February 2026 07:45

The typical/expected market impact of this event is low.

Previous
€-4.2B
Revised
€-4.03B
Forecast
€-4.1B
Actual
€-4.8B

Lower numbers than forecast tend to be bullish for xxx/EUR pairs and bearish for EUR/xxx pairs.

Next event - Friday 6 March 2026 07:45

Previous
-
Forecast
-
Actual
-

The typical/expected market impact of this event is low.

There is no forecast value for Trade Balance EUR yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Trade Balance EUR was €-4.8B against a forecast of €-4.1B.

Past events

Date
Forecast
Actual
Friday 6 February 2026 07:45
€-4.1B
€-4.8B
Thursday 8 January 2026 07:45
€-4.2B
€-4.2B
Friday 5 December 2025 07:45
-
€-3.92B
Friday 7 November 2025 07:45
€-5.9B
€-6.58B
Tuesday 7 October 2025 06:45
€-5.2B
€-5.529B
Friday 5 September 2025 06:45
€-6.1B
€-5.6B
Thursday 7 August 2025 06:45
€-7.5B
€-7.632B
Tuesday 8 July 2025 06:45
€-7.7B
€-7.766B
Friday 6 June 2025 06:45
€-6B
€-7.968B
Wednesday 7 May 2025 06:45
€-6.9B
€-6.248B
Tuesday 8 April 2025 06:45
€-5.4B
€-7.87B
Friday 7 March 2025 07:45
€-4.1B
€-6.54B
Friday 7 February 2025 07:45
€-5.3B
€-3.905B
Wednesday 8 January 2025 07:45
€-7B
€-7.085B
Friday 6 December 2024 07:45
€-8B
€-7.666B
Friday 8 November 2024 07:45
€-6.5B
€-8.266B
Tuesday 8 October 2024 06:45
€-5.5B
€-7.371B
Friday 6 September 2024 06:45
€-5.5B
€-5.884B
Wednesday 7 August 2024 06:45
-
€-6.088B
Friday 5 July 2024 06:45
€-7.2B
€-7.987B
Friday 7 June 2024 06:45
€-5.4B
€-7.579B
Tuesday 7 May 2024 06:45
€-5B
€-5.473B
Tuesday 9 April 2024 06:45
€-7B
€-5.244B
Friday 8 March 2024 07:45
-
€-7.388B
Wednesday 7 February 2024 07:45
€-6B
€-6.829B
Tuesday 9 January 2024 07:45
€-7.9B
€-5.943B
Thursday 7 December 2023 07:45
€-8.5B
€-8.597B
Wednesday 8 November 2023 07:45
€-8.1B
€-8.917B
Friday 6 October 2023 06:45
€-8.9B
€-8.202B
Thursday 7 September 2023 06:45
€-6.8B
€-8.089B
Tuesday 8 August 2023 06:45
€-8B
€-6.713B
Friday 7 July 2023 06:45
€-9B
€-8.418B
Wednesday 7 June 2023 06:45
€-7.7B
€-9.71B
Tuesday 9 May 2023 06:45
€-9.4B
€-8.023B
Friday 7 April 2023 06:45
€-14.202B
€-9.9B
Friday 10 March 2023 07:45
€-14.753B
€-12.939B

Economic context

Recent economic data has been broadly neutral for EUR. Other recent announcements which may affect the market's interpretation of the next Trade Balance EUR result:

PreviousLatest
Industrial Production n.s.a. w.d.a. (YoY)Bearish change0.5%-0.6%
Industrial Production s.a. (MoM)Bearish change0.2%-1.9%
Trade Balance s.a.Bullish change€13.6B€17.1B
Retail Sales (MoM)Bearish change0.1%-0.5%
Retail Sales (YoY)Bearish change2.4%1.3%
Factory Orders n.s.a. (YoY)Bullish change10.6%13%
Factory Orders s.a. (MoM)Bullish change5.7%7.8%
Consumer Price Index (EU Norm) (YoY)Bearish change1.2%1%
Consumer Price Index (YoY)Bearish change1.2%1%
Core Harmonized Index of Consumer Prices (MoM)(no change)0.3%0.3%
Core Harmonized Index of Consumer Prices (YoY)(no change)2.3%2.3%
Harmonized Index of Consumer Prices (MoM)Bullish change0.2%2%
Harmonized Index of Consumer Prices (YoY)Bearish change1.9%1.7%
Producer Price Index (MoM)Bearish change0.7%-0.3%
Producer Price Index (YoY)Bearish change-1.4%-2.1%
HCOB Composite PMIBearish change51.551.3
HCOB Composite PMIBearish change52.552.1
HCOB Services PMIBearish change53.352.4
HCOB Services PMIBearish change57.153.5
Consumer Price Index (EU norm) (YoY)Bearish change0.7%0.4%
HCOB Manufacturing PMIBullish change48.749.1
HCOB Manufacturing PMIBullish change47.948.1
HCOB Manufacturing PMIBearish change49.649.2
Retail Sales (MoM)Bullish change-0.5%0.1%
Retail Sales (YoY)Bullish change1.3%1.5%
Consumer Price Index (MoM)Bullish change0%0.1%
Consumer Price Index (YoY)Bullish change1.8%2.1%
Harmonized Index of Consumer Prices (MoM)Bearish change0.2%-0.1%
Harmonized Index of Consumer Prices (YoY)Bullish change2%2.1%
Gross Domestic Product s.a. (QoQ)(no change)0.3%0.3%
Gross Domestic Product s.a. (YoY)(no change)1.4%1.4%
Unemployment RateBullish change6.3%6.2%
Gross Domestic Product (QoQ)Bullish change0%0.3%
Gross Domestic Product (YoY)Bullish change0.3%0.4%
Gross Domestic Product w.d.a (YoY)Bullish change0.3%0.6%
Gross Domestic Product (QoQ)Bullish change0.1%0.3%
Gross Domestic Product (YoY)Bullish change0.6%0.8%
Unemployment ChangeBullish change3K0K
Unemployment Rate s.a.(no change)6.3%6.3%
Gross Domestic Product - Estimated (QoQ)Bullish change0.6%0.8%
Harmonized Index of Consumer Prices (YoY)Bearish change3%2.5%
Gross Domestic Product (QoQ)Bearish change0.5%0.2%
Business ClimateBullish change-0.56-0.41
Consumer Confidence(no change)-12.4-12.4
Economic Sentiment IndicatorBullish change97.299.4
GfK Consumer Confidence SurveyBullish change-26.9-24.1
IFO – Business Climate(no change)87.687.6
IFO – Current AssessmentBullish change85.685.7
IFO – ExpectationsBearish change89.789.5
HCOB Composite PMI(no change)51.551.5
HCOB Manufacturing PMIBullish change48.849.4
HCOB Services PMIBearish change52.451.9
HCOB Services PMIBullish change52.753.3
HCOB Composite PMIBullish change51.352.5
HCOB Manufacturing PMIBullish change4748.7
HCOB Composite PMIBearish change5048.6
HCOB Manufacturing PMIBullish change50.751
HCOB Services PMIBearish change50.147.9

About Trade Balance EUR

Country:France
Currency:EUR
Source:Ministry of Economics, Finance and the Relaunch of France
Category:Capital Flows
Frequency:Monthly
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