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Home » Europe » How much trade do we do with France?

How much trade do we do with France?

December 14, 2021 by Bridget Gibson

French foreign trade in figures

Foreign Trade Values 2015 2019
Imports of Goods (million USD) 572,661 653,807
Exports of Goods (million USD) 505,897 571,465
Imports of Services (million USD) 228,159 262,821
Exports of Services (million USD) 239,682 287,084

Contents

How much does the UK trade with France?

United Kingdom Exports to France was US$23.87 Billion during 2020, according to the United Nations COMTRADE database on international trade. United Kingdom Exports to France – data, historical chart and statistics – was last updated on November of 2021.

How much trade does France do with the US?

In 2018, U.S. exports to France totaled $36.3 billion, an 8.1% ($2.7 billion) increase from 2017; U.S. imports from France totaled $52.5 billion, a 7.4% ($3.6 billion) increase; and the trade deficit was $16.2 billion, a 5.8% ($892.3 million) increase.

Who is France biggest trading partner?

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 is the value of French exports to the UK?

France Exports to United Kingdom was US$30.99 Billion during 2020, according to the United Nations COMTRADE database on international trade.

What is France biggest export to UK?

In 2019, France exported $38.2B to United Kingdom. The main products exported from France to United Kingdom were Jewellery ($2.62B), Planes, Helicopters, and/or Spacecraft ($2.37B), and Cars ($1.77B).

What do we export to France?

The following is a list of the exports of France. Data is for 2019, in millions of United States dollars, as reported by International Trade Centre. Currently the top thirty exports are listed.
List of exports of France.

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# Product Value
1 Aircraft, helicopters, and spacecraft 43,972
2 Pharmaceuticals 26,164
3 Cars 23,598
4 Gas turbines 18,875

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.

What does US import from France?

United States Imports from France Value Year
Pharmaceutical products $2.44B 2020
Essential oils, perfumes, cosmetics, toileteries $2.38B 2020
Electrical, electronic equipment $1.97B 2020
Optical, photo, technical, medical apparatus $1.90B 2020

What US exports to France?

United States Exports to France Value Year
Mineral fuels, oils, distillation products $3.21B 2020
Machinery, nuclear reactors, boilers $2.88B 2020
Electrical, electronic equipment $2.19B 2020
Optical, photo, technical, medical apparatus $1.93B 2020

Who buys the most from France?

France’s main trade partners are the European Union (Germany being the 1st customer and supplier), the United States and China.

How much trade does France do with China?

China is France’s 7th largest customer (France has a 1.4% market share in China) and 2nd largest supplier (China has a 9% market share in France). Our trade is significantly imbalanced: China represents France’s largest bilateral trade deficit (€29.2 billion in 2018), ahead of Germany.

What does France import the most?

France’s Top Imports

  • Crude petroleum – $23.3 billion.
  • Refined petroleum – $20.4 billion.
  • Petroleum gas – $17.3 billion.
  • Coffee – $2.07 billion.
  • Hot-rolled iron – $2.01 billion.

What is England’s biggest export?

Cars
The following is a list of the exports of the United Kingdom.

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# Product Value (in millions of USD)
1 Cars 38,573
2 Gas turbines 26,385
3 Crude petroleum 23,673
4 Gold 23,316

Which countries does the UK have a trade surplus with?

List of the largest trading partners of United Kingdom

Rank Country Trade balance
1 United States 41,851
2 Germany -21,291
3 Netherlands -7,885
4 France -436

How is France affected by Brexit?

France is the third country most affected by Brexit. From an export point of view, the country will record a loss of 1.9 billion euros each year. In 2020, France exported 33.6 billion euros worth of goods to the United Kingdom, making it the 6th largest customer in France.

What do we buy from France?

Top 10

  • Machinery including computers: US$54.5 billion (11.5% of total exports)
  • Vehicles: $44.3 billion (9.3%)
  • Electrical machinery, equipment: $38.8 billion (8.1%)
  • Pharmaceuticals: $37.9 billion (8%)
  • Aircraft, spacecraft: $29.2 billion (6.1%)
  • Plastics, plastic articles: $19.3 billion (4.1%)

What is France good at producing?

The major agricultural products that place France among the top producers in the world market are sugar beets, wine, milk, beef and veal, cereals, and oilseeds. Producing 29 million metric tons of sugar beets, France leads the EU.

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

What France is famous for?

What Is France Famous For? (20 Prominent Things)

  • The Eiffel Tower.
  • The Louvre.
  • Notre-Dame de Paris.
  • Palace Of Versailles.
  • Moulin Rouge.
  • Disneyland Paris.
  • Fashion.
  • Fine Wines.
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How is France so rich?

Tourism is a major contributor to the economy – France generally tops lists of most visited countries. Other major economic sectors include industry, agriculture, energy and defense. The country is one of the world’s top exporters of weapons.France has a rich cultural heritage.

Filed Under: Europe

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About Bridget Gibson

Bridget Gibson loves to explore the world. A wanderlust spirit, Bridget has journeyed to far-off places and experienced different cultures. She is always on the lookout for her next adventure, and she loves nothing more than discovering something new about life.

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