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Steel Imports Report: France
Background
France was the world’s fifth-largest steel importer in 2017. In 2018, France imported 14.8 million metric tons of steel, a 1 percent decrease from 14.9 million metric tons in 2017. France’s imports represented about 4 percent of all steel imported globally in 2017. The volume of France’s 2018 steel imports was slightly more than half that of Europe’s largest and the world’s second-largest importer, Germany, and slightly less than half of the United States, the world’s largest steel importer. In value terms, steel represented just 2.1 percent of the total goods imported into France in 2018.
France imports steel from 95 countries and territories. The ten countries labeled in the map below represent France’s top sources of steel in 2018, together accounting for 94 percent of steel imports.
France’s steel imports and exports have risen and fallen mostly in tandem since 2005. After falling in 2009, annual imports and exports have increased by 33 percent and 21 percent, respectively, between 2009 and 2018. France maintained an annual trade surplus between 2005 and 2009, before running a deficit from 2010 to 2012. Between 2012 and 2014, France was again a net steel exporter averaging a 1.2 million metric ton surplus over the three years. Since 2015, France has been a net importer of steel. In 2018, France’s steel deficit was 622 thousand metric tons, an increase of 135 percent from the 2017 deficit of 265 thousand metric tons.
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