France is the 6th largest export economy in the world and the 14th most complex economy. France exported $516B, making it the 6th largest exporter in the world. France imported $595B, making it the 7th largest importer in the world. Second to Germany, France is the second largest exporter and importer in Europe. Much of France’s exports include a number of valuable commodities including machinery and transportation equipment, aircraft, plastics, chemicals, pharmaceuticals, iron, steel, consumer products, petroleum and cars & vehicles. The total annual value of the world wheat export market is $36.3 billion and France is the fifth-largest exporting country with a 9.3% market share.
Imports to France decreased 0.6 percent from a month earlier to EUR 47.1 billion in June 2019, mainly dragged down by lower purchases of natural hydrocarbons, mining products, electricity (-5 percent) and coke and refined petroleum products (-6.7 percent). Meanwhile, those of transport equipment rose (0.5 percent), as an increase in purchases of vehicles offset a decline in imports of aerospace products. Among major trading partners, imports shrank from the EU (-1.2 percent), America (-1.1 percent) and the Middle East (-18.4 percent), while increased from Asia (2 percent) and Africa (6.5 percent). Imports in France averaged 20800.29 EUR Million from 1970 until 2019, reaching an all time high of 48410 EUR Million in March of 2019 and a record low of 1151.90 EUR Million in May of 1970.
Imports in France is expected to be 48140.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in France to stand at 49680.00 in 12 months time. In the long-term, the France Imports is projected to trend around 52500.00 EUR Million in 2020.
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 metal products (7 percent); natural hydrocarbons, other mining products, electricity (7 percent); textiles, leather (7 percent); jewellery, toys, furniture (5 percent); pharmaceuticals (5 percent); and rubber and plastic products, miscellaneous mineral products (5 percent). Main import partners are: Germany (16 percent of total imports), China (9 percent), Italy (8 percent), Belgium (7 percent), the US and Spain (6 percent each), the UK and the Netherlands (5 percent each).
Exports from France tumbled 4.9 percent from month earlier to EUR 41.9 billion in June 2019. Declines in shipments were recorded in all categories, mostly transport equipment (-3.8 percent), of which aerospace products; mechanical, electrical, electronic and computer equipment (-4.3 percent); other industrial products (-0.3 percent); food products (-4.4 percent); coke and refined petroleum products (-14.7 percent); pharmaceuticals (-5.3 percent); steel and primary steel products (-6.2 percent) and agricultural, forestry, fishery and aquaculture products (-3.5 percent). Among major trading partners, overseas sales fell to the EU (-0.8 percent), Asia (-14.4 percent), America (-0.7 percent) and Africa (-7.7 percent), but rose to the Middle East (2.6 percent). Exports in France averaged 19566.66 EUR Million from 1970 until 2019, reaching an all time high of 44082 EUR Million in May of 2019 and a record low of 1165.60 EUR Million in May of 1970.
Exports in France is expected to be 43240.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in France to stand at 45420.00 in 12 months time. In the long-term, the France Exports is projected to trend around 49850.00 EUR Million in 2020.
France exports mainly transport equipment (23 percent of total exports), of which aeronautics (12 percent) and automobile industry (10 percent). The country also exports mechanical equipment, electronic and computer equipment (19 percent); chemicals, perfumes, cosmetics (12 percent); agro-food industry products (10 percent); metallurgical and metal products (7 percent); pharmaceuticals (6 percent); textiles, leather (5 percent); rubber and plastic products, miscellaneous mineral products (4 percent); jewellery, toys, furniture (3 percent); and agricultural, forestry, fishery and aquaculture products (3 percent). Main export partners are: Germany (15 percent of total exports), Spain and Italy (8 percent each), the UK, the US and Belgium (7 percent each), China and the Netherlands (4 percent each).
