10 countries that import more than export

5. France

Trade deficit in US$ -89.6 Billion

Exports: 1013.0B – Imports: 1102. 7B

France being the 6th largest exporter of goods and services in the world, was one of the countries which were brutally affected by the conflict in Ukraine. The conflict resulted in the country facing an energy crisis. The volume of imported electricity has multiplied by 42 since 2019, gas alone contributed significantly to the deficit. Top french exports were aeronautics and space, chemical, perfumes, cosemetics and food processing.