According to the French Customs, France's trade deficit narrowed to €4.37 billion in March from €5.12 billion in February, beating expectations for a decline to a deficit of €4.4 billion. February's figure was revised up from a deficit of €5.18 billion.
The decrease in deficit was driven by lower imports. Exports declined to €36.38 billion in March from €37.87 billion in February, while imports dropped to €40.75 billion from €42.98 billion.
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