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French trade deficit widens as imports increase

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France’s trade deficit widened in October from September as imports rose abruptly and exports declined slightly, the country’s customs office said on Tuesday.

The trade deficit of the eurozone’s second-largest economy rose to 4.58 billion euros ($4.97 billion) in October from EUR3.59 billion in September, the figures showed. Imports rose to EUR41.87 billion from EUR40.91 billion and exports declined slightly to EUR37.29 billion from EUR37.32 billion.

Imports of most manufactured products rose, except for aeronautical products, pharmaceuticals and jewellery.

Exports were down slightly as declines in agriculture, cars and metals exports offset strong performances in aeronautical products and chemicals.