French farming posts first trade deficit in nearly a decade


Unlock the Editor’s Digest for free

France has become a net importer of agricultural products for the first time in almost a decade, prompting warnings that the competitiveness of Europe’s largest farming country is deteriorating.

The trade balance for raw products, including grain, meat, dairy and fruit and vegetables, declined for the third year in a row to reach a narrow deficit of €300mn in 2025, according to French customs data released on Friday.

Results were dragged down by higher prices of some imports like cacao and coffee, as well as a weak dollar. Exports of wheat, usually a leading category for France, also suffered from a bad harvest in 2024 which affected the 2025 figures.

Imports of agricultural products rose 9 per cent to €19.7bn, a sixth consecutive annual increase and a new historical high.

Dorian Roucher, senior economist at Insee, said that beyond the temporary factors, which will probably improve next year, the data pointed to more worrying structural weaknesses in the sector.

“France has lost much of the comparative advantage it once had in agriculture,” Roucher said, adding that the reasons included farms shutting down when their owners retired, scaling back of cattle herds and neighbouring countries improving their product quality. 

Line chart of Annual trade in agricultural products (€bn) showing France was a net importer of food last year

For decades, France had come to rely on agrifood being surplus items in its foreign trade balance, acting as economic pillars on a par with aerospace or luxury goods.

But Roucher said that could no longer be taken for granted, despite demand for food growing globally.

The trade balance was better for the broader category of agriculture and food products, which includes high-margin wine and spirits where France is a powerhouse.

But even in this category, France last year eked out only a small trade surplus of €200mn, its lowest in 25 years and down €5bn year on year.  

To blame were trade tensions with the US that flared when President Donald Trump initially threatened up to 200 per cent tariffs on French alcoholic drinks, including Champagne and cognac. In the last quarter, wine and spirits exports roughly halved.

The data comes as French farmers have been protesting for months over threats to their wages, driving their tractors to Paris and pelting town halls with manure. They warn of being squeezed between higher input prices — fuel, fertiliser, energy — and retail prices that fail to cover their costs.

Farming unions also complain that stifling administrative and environmental regulations are handicapping them on world markets, making it impossible to compete with imports produced under looser standards.

Their anger has crystallised around the Mercosur trade deal between the European Union and Brazil, Argentina, Uruguay and Paraguay, which the bloc clinched recently after years of wrangling.

Yannick Fialip, head of agriculture lobbying group CNPA, said the worsening of the trade balance for farm products should be a wake-up call to spur the industry and government to action.

“More than merely confirming the slow decline of France’s agricultural and agrifood trade balance, this [data] seals the country’s downgrading among the world’s major exporting powers. It is a shock of unprecedented scale that calls for a general mobilisation,” he said.



Source link

  • Related Posts

    Court battle over Picasso art exposes offshore finances of Farage’s billionaire Davos sponsor | Nigel Farage

    A high court battle over a Picasso painting has shone a light on the offshore financial structures of an Iranian-born businessman who paid for Nigel Farage’s £50,000 trip to Davos.…

    China Reverses Death Penalty for Canadian in Drug-Smuggling Case

    The ruling by China’s highest court followed a recent meeting between China and Canada’s top leaders led to a thaw in the two countries’ relations. Source link

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Court battle over Picasso art exposes offshore finances of Farage’s billionaire Davos sponsor | Nigel Farage

    Court battle over Picasso art exposes offshore finances of Farage’s billionaire Davos sponsor | Nigel Farage

    Mandelson lobbying firm sought work with Russia and China state companies, Epstein emails show | Peter Mandelson

    Mandelson lobbying firm sought work with Russia and China state companies, Epstein emails show | Peter Mandelson

    If you’re struggling to play tactics sim Menace, it could be because your antivirus is randomly deleting files

    If you’re struggling to play tactics sim Menace, it could be because your antivirus is randomly deleting files

    Canada Gazette – Part I, November 8, 2025, volume 159, number 45

    Virtus Agrees to Buy Congo Cobalt Miner Amid US Pact

    My 7 Favorite Hacks to Prep Home Tech for Super Bowl and Olympics Parties

    My 7 Favorite Hacks to Prep Home Tech for Super Bowl and Olympics Parties