United States (USA) and France (FRA) Trade

2022

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Exports $41.4BRnk 12 / 219

2022

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About

United States-France In 2022, United States exported $41.4B to France. The main products that United States exported to France are Petroleum Gas ($8.31B), Crude Petroleum ($5.9B), and Gas Turbines ($3.31B). During the last 27 years the exports of United States to France have increased at an annualized rate of 3.25%, from $17.5B in 1995 to $41.4B in 2022.

In 2017, United States exported services to France worth $19.9B, with Travel ($4.4B), Other business services ($4.14B), and Financial services ($3.12B) being the largest in terms of value.

France-United States In 2022, France exported $50B to United States. The main products that France exported to United States were Gas Turbines ($4.57B), Packaged Medicaments ($4.09B), and Planes, Helicopters, and/or Spacecraft ($3.26B). During the last 27 years the exports of France to United States have increased at an annualized rate of 4.14%, from $16.7B in 1995 to $50B in 2022.

In 2020, France exported services to United States worth $24.8B, with Other business services ($9.46B), Transportation ($6.14B), and Royalties and license fees ($3.25B) being the largest in terms of value.

Comparison In 2022, United States ranked 10 in the Economic Complexity Index (ECI 1.41), and 2 in total exports ($1.95T). That same year, France ranked 14 in the Economic Complexity Index (ECI 1.31), and 8 in total exports ($608B).

COMPANIES In 2023, leading companies such as IKEA SUPPLY AG (132k), LOREAL USA (58.7k), and ROBERT BOSCH TOOL CORPORATION (18.2k) were at the forefront of exporting goods from France to the United States. Conversely, FRIUL INTAGLI INDUSTRIES SPA (46.9k), ALSAPAN FURNITURE (44.3k), and PRESTIGE ET COLLECTION INTERNATIONA (20.2k) were notable for importing France products to the United States.

Latest Trends

January, 2024

About

Overview In January 2024, United States exported $3.45B and imported $4.82B from France, resulting in a negative trade balance of $1.37B. Between January 2023 and January 2024 the exports of United States have decreased by $-141M (-3.94%) from $3.59B to $3.45B, while imports increased by $62.4M (1.31%) from $4.76B to $4.82B.

Trade In January 2024, the top exports of United States to France were Aircraft Parts ($637M), Petroleum Gas ($469M), Crude Petroleum ($460M), Commodities not elsewhere specified ($131M), and Coal Briquettes ($70.2M). In January 2024 the top imports of United States from France were Gas Turbines ($412M), Commodities not elsewhere specified ($304M), Planes, Helicopters, and/or Spacecraft ($272M), Packaged Medicaments ($269M), and Perfumes ($197M).

Origins In January 2024 the exports of United States were mainly from Texas ($712M), Kentucky ($343M), New York ($239M), California ($228M), and North Carolina ($168M), while imports destinations were mainly New York ($495M), Texas ($479M), New Jersey ($452M), Florida ($354M), and California ($295M).

Growth In January 2024, the decrease in United States's year-by-year exports to France was explained primarily by an decrease in product exports in Crude Petroleum ($-154M or -25.1%), Sculptures ($-26.2M or -83.8%), and Cars ($-25.9M or -74.6%). In January 2024, the increase in United States's year-by-year imports from France was explained primarily by an increase in product imports in Vaccines, blood, antisera, toxins and cultures ($128M or 547%), Packaged Medicaments ($99.1M or 58.5%), and Nitrogen Heterocyclic Compounds ($64.4M or 656%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Depth

HS2

HS4

HS6

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$-141M(-3.94%)

IMPORT GROWTH (January 2023 - January 2024)$62.4M(1.31%)

MAIN EXPORTER (January 2024)Texas$712M

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check France and United States trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, United States exported $41.4B to France. The main products exported from United States to France were Petroleum Gas ($8.31B), Crude Petroleum ($5.9B), and Gas Turbines ($3.31B). During the last 27 years the exports of United States to France have increased at an annualized rate of 3.25%, from $17.5B in 1995 to $41.4B in 2022.

In 2022, France exported $50B to United States. The main products exported from France to United States were Gas Turbines ($4.57B), Packaged Medicaments ($4.09B), and Planes, Helicopters, and/or Spacecraft ($3.26B). During the last 27 years the exports of France to United States have increased at an annualized rate of 4.14%, from $16.7B in 1995 to $50B in 2022.

Exports from United States () to France () (2022)

Exports from France () to United States () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

United States
Top DestinationCanada$308B

France
Top DestinationGermany$78.3B

This map shows whether countries import more from United States or France. Each country is colored based on the difference in imports they receive from United States and France or the difference in the growth in imports.

In 2021, countries that imported more from United States than France were Canada ($308B), Mexico ($294B), and China ($151B).

In 2021, countries that imported more from France than United States were Italy ($56.4B), Belgium ($47.8B), and Spain ($46.4B).

Difference in imports from France () and United States () (2022)

Comparative Advantage United States - France

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between United States and France by product, considering products traded by both, United States and France.

During 2022, United States had a large net trade with France in the exports of Mineral Products ($16.3B), Machines ($9.49B), and Chemical Products ($4.65B).

During 2022, France had a large net trade with United States in the exports of Machines ($10.5B), Chemical Products ($10.1B), and Transportation ($7.72B).

Service Trade

Bilateral Service Trade

Fra Year

Usa Year

In 2017, United States exported services to France worth $19.9B, with Travel ($4.4B), Other business services ($4.14B), and Financial services ($3.12B) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United States () to France () (2017)

Services Exports from France () to United States () (2020)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more United States has comparative advantage over France. Similarly, the more yellow a dot/product is, the more France has comparative advantage over United States.

Product Space of United States () and France () (2022)

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