French official trade deficit narrows slightly in September

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The French trade balance showed a slightly improving deficit of 4.68 billion euros (6.49 billion dollars) in September down from 4.98 billion euros in August, customs data showed on Tuesday.

Exports in September dropped to 32.89 billion euros from 33.94 billion euros in August, with imports at 37.58 billion euros after 38.91 billion euros.

The customs figures showed that aerospace deliveries and pharmaceutical exports were down, along with exports to the European Union, especially Germany and newer member states.

Imports of chemicals and electronics were notably also down.

For the 12 months to September, the trade deficit stood at 50.8 billion euros.

© 2010 AFP

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