French official trade deficit falls slightly in April

8th June 2010, Comments 0 comments

The French trade balance showed a slightly reduced deficit in April, partly owing to big exports of aircraft that month, official data showed on Tuesday.

The deficit was 4.248 billion euros (5.0 billion dollars) from 4.413 billion euros in March, on an adjusted basis, data from the customs service showed.

Over 12 months, the trade balance showed a cumulative deficit of 42.721 billion euros, data on the website of the finance ministry showed.

The ministry said: "The size of very big aero contracts fulfilled for export was higher than in March, with an increase of 450 million euros."

This helped to increase exports by 1.0 percent despite the beginning of an easing of sales of autos, pharmaceutical products and food-industry output, the ministry said.

Exports in April amounted to 31.708 billion euros, a rise of 4.8 percent in three months from the level for the previous three months. Imports rose by 3.5 percent to 35.956 billion euros.

© 2010 AFP

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