The U.S. maintains a trade deficit with France. In 2018, of the $36.3 billion in U.S. exports to France, the top commodity sectors were Transportation Equipment (39.8%), Machinery and Mechanical Appliances (15.5%) and Chemicals, Plastics, Leather (13.6%).
Contents
What does France trade with America?
Bilateral Economic Relations
U.S. exports to France include industrial chemicals, aircraft and engines, electronic components, telecommunications, computer software, computers and peripherals, analytical and scientific instrumentation, medical instruments and supplies, and broadcasting equipment.
How much does France import from the US?
France imports from United States worth US$ 43,772 million, with a partner share of 6.81 percent. France imports from Belgium worth US$ 42,681 million, with a partner share of 6.64 percent.
Is France the United States largest trading partner?
The 30 largest trade partners of the United States represent 87.9% of U.S. exports, and 87.4% of U.S. imports as of 2017.
List of the largest trading partners of the United States.
| Country/District | France |
|---|---|
| Exports | 33,596 |
| Imports | 48,899 |
| Total Trade | 82,495 |
| Trade Balance | -15,303 |
What does France trade with?
France’s main trade partners are the European Union (Germany being the 1st customer and supplier), the United States and China.
Are France and America friends?
France is America’s oldest friend and Ally. Our relationship is built upon our shared commitment to the same values – democracy, human rights, the rule of law, security, and prosperity. The closeness of our military, economic, and political cooperation form the basis of our enduring partnership.
Are US and France allies?
France is one of the oldest U.S. allies, dating to 1778 when the French monarchy recognized the independence of the United States.
Who are France biggest trading partners?
France top 5 Export and Import partners
| Market | Trade (US$ Mil) | Partner share(%) |
|---|---|---|
| United States | 47,114 | 8.47 |
| Italy | 42,047 | 7.56 |
| Spain | 41,703 | 7.50 |
| United Kingdom | 38,469 | 6.91 |
What does France import?
France imports mainly mechanical equipment, electronic and computer equipment (21 percent of total imports); transport equipment (19 percent), of which aeronautics (11 percent) and automobile industry (7 percent); chemicals, perfumes, cosmetics (8 percent); agro-food industry products (8 percent); metallurgical and
Where do France exports go?
Germany
Yearly Exports
The most common destination for the exports of France are Germany ($76.2B), United States ($47.4B), Italy ($41.2B), Spain ($40.8B), and Belgium ($39B).
What country imports the most to the US?
Year-to-Date Imports
| Rank | Country | Percent of Total Imports |
|---|---|---|
| — | Total, All Countries | 100.0% |
| — | Total, Top 15 Countries | 78.6% |
| 1 | China | 17.5% |
| 2 | Mexico | 13.7% |
Who is China biggest trade partner?
Top 15
- United States: US$452.6 billion (17.5% of China’s total exports)
- Hong Kong: $272.7 billion (10.5%)
- Japan: $142.6 billion (5.5%)
- Vietnam: $113.8 billion (4.4%)
- South Korea: $112.5 billion (4.3%)
- Germany: $86.8 billion (3.4%)
- Netherlands: $79 billion (3%)
- United Kingdom: $72.6 billion (2.8%)
Which country does France trade with the most?
Top 15
- Germany: US$69.1 billion (14.5% of total French exports)
- United States: $37 billion (7.8%)
- Italy: $36.8 billion (7.7%)
- Spain: $35.2 billion (7.4%)
- Belgium: $35.2 billion (7.4%)
- United Kingdom: $30.9 billion (6.5%)
- China: $20.1 billion (4.2%)
- Netherlands: $18.2 billion (3.8%)
How is France doing economically?
With a GDP of approximately $2.6 trillion in 2020 (down 8.2% in 2020, +1.5% y-o-y growth in 2019), France is the world’s fifth-largest economy and Europe’s third-largest economy after Germany and the UK. It has substantial agricultural resources and maintains a strong manufacturing sector, despite a recent decline.
How does France control trade?
The Government supports a balanced trade policy which ensures the access of French businesses to foreign markets but preserves collective sensitivities and preferences and promotes compliance with the Paris Agreement.
What is France known for exporting?
France also exports a number of valuable commodities including machinery and transportation equipment, aircraft, plastics, chemicals, pharmaceuticals, iron, steel, consumer products, petroleum and cars & vehicles.
Who is us longest ally?
France is one of the oldest U.S. allies, dating to 1778 when the French monarchy recognized the independence of the United States. French military and economic assistance during the American War of Independence (1775-81) was crucial to the American victory.
Did the US ever fight France?
The Quasi-War, which at the time was also known as “The Undeclared War with France,” the “Pirate Wars,” and the “Half War,” was an undeclared naval war between the United States and France. The conflict lasted between 1798 and 1800, and was a formative moment for the United States.
Why did the US not help France?
Americans realized that the French Revolution served as a catalyst to encourage bigger, far-reaching conflicts throughout Europe. Americans feared they might experience political turmoil, international criticism and violence if they supported French revolutionaries.
Who is France closest ally?
France is actively involved in very close defense relations with its principal European allies, the UK and Germany, as well as with the United States.
Are China and France allies?
Bilateral relations. France’s recognition of the People’s Republic of China on 27 January 1964 marked the beginning of official relations. The French-Chinese relationship was raised to the level of “global strategic partnership” in 2004.
