French official trade deficit widens in August

7th October 2010, Comments 0 comments

The French trade balance showed a worsening deficit of 4.93 billion euros (6.8 billion dollars) in August from 4.42 billion euros in July, customs data showed on Thursday.

Exports in August rose to 34.1 billion euros from 33.7 billion euros in July, with imports at 39 billion euros after 38.1 billion euros.

The customs figures showed that exports to the European Union and developing countries, mainly in Africa, increased but they were slightly lower to America and Asia.

For the 12 months to August, the trade deficit stood at 48.6 billion euros.

© 2010 AFP

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