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 products does France export to the US?
| France Exports to United States | Value | Year |
|---|---|---|
| Electrical, electronic equipment | $2.63B | 2019 |
| Optical, photo, technical, medical apparatus | $2.11B | 2019 |
| Essential oils, perfumes, cosmetics, toileteries | $1.93B | 2019 |
| Articles of leather, animal gut, harness, travel good | $1.19B | 2019 |
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.
What does France trade the most?
France exports mainly transport equipment (23 percent of total exports), of which aeronautics (12 percent) and automobile industry (10 percent).
Who does France trade with and what do they trade?
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%)
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 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%)
Why is France important to us?
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.
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.
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.
Who does the US trade with most?
List of the largest trading partners of the United States
| Rank | Country/District | Total Trade |
|---|---|---|
| – | World | 3,888,236 |
| – | European Union | 717,902 |
| 1 | China | 635,364 |
| 2 | Canada | 581,584 |
What does France Import Export?
Imports The top imports of France are Cars ($39.5B), Crude Petroleum ($21.6B), Refined Petroleum ($19.9B), Packaged Medicaments ($16.2B), and Aircraft Parts ($15.7B), importing mostly from Germany ($115B), Belgium ($55.6B), Italy ($54.9B), Spain ($47.4B), and China ($45.2B).
What is France known for?
France is famous for the Eiffel Tower in Paris and sweet-scented lavender fields in Provence. It’s a well-known tourist destination that offers museums, art galleries and fine cuisine. France is also known for its varied landscapes, from the mountains in the Alps to the dazzling beaches of Marseille, Corsica and Nice.
Why is France important in global markets?
France is also the fourth largest exporter to the world, with over 5 percent of the world export market. France is the world’s second largest exporter of agricultural products as well as services, including tourism and financial transactions. In the durable goods market, France ranks fourth in the world exports.
Who is France biggest trading partner?
France top 5 Export and Import partners
| Market | Trade (US$ 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 does France export the most of?
List of exports of France
| # | Product | Value |
|---|---|---|
| 1 | Aircraft, helicopters, and spacecraft | 43,972 |
| 2 | Pharmaceuticals | 26,164 |
| 3 | Cars | 23,598 |
| 4 | Gas turbines | 18,875 |
What countries trade with France?
In 2019, France major trading partner countries for exports were Germany, United States, Italy, Spain and United Kingdom and for imports they were Germany, China, Italy, United States and Belgium.
What is France’s balance of trade?
France trade balance for 2020 was $-57.65B, a 116.77% increase from 2019. France trade balance for 2019 was $-26.59B, a 8.36% decline from 2018. France trade balance for 2018 was $-29.02B, a 5.03% increase from 2017.
What are the top 3 Imports of France?
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.
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.
What has France done for the US?
France was the first ally of the new United States in 1778. The 1778 treaty and military support proved decisive in the American victory over Britain in the American Revolutionary War.
France–United States relations.
| France | United States |
|---|---|
| Diplomatic mission | |
| Embassy of France, Washington, D.C. | Embassy of the United States, Paris |
| Envoy |
