Foreign trade, "the blind spot of French economic policy"

"The power of a nation is measured by foreign trade."

By pronouncing this little sentence, at the beginning of September, the Minister of the Economy, Bruno Le Maire, clearly supports where it hurts.

In the red for twenty-two years - in the last century, therefore - the deficit of the French trade balance makes it today the worst pupil of Europe.

In 2020, the hole reached 65.2 billion euros;

it is expected to deteriorate in 2021 to 86 billion euros and even plunge to 95 billion in 2022. Abyssal and unprecedented amounts.

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"Foreign trade is the blind spot of French economic policy

," insisted the tenant of Bercy, who considers improving the situation a priority.

The turnaround, however, is complicated, at least in the short term.

In fact, the poor performance of foreign trade is certainly the consequence of poor organization of our exporting apparatus, and the creation of successive "one-stop shops" by each.

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