United States (USA) and France (FRA) Trade

About

United States-France: In 2018, United States exported $23.3B to France. The main products that United States exported to France are Refined Petroleum ($1.93B), Aircraft Parts ($970M), and Packaged Medicaments ($863M). During the last 23 years the exports of United States to France have increased at an annualized rate of 0.56%, from $20.5B in 1995 to $23.3B in 2018.

In 2011, United States exported services to France worth $11.6B, with Travel ($4.31B), Royalties and license fees ($3.66B), and Transportation ($2.66B) being the largest in terms of value.

France-United States: In 2018, France exported $44.8B to United States . The main products that France exported to United States were Gas Turbines ($5.52B), Packaged Medicaments ($3.86B), and Planes, Helicopters, and/or Spacecraft ($3.22B). During the last 23 years the exports of United States to France have increased at an annualized rate of 0.56%, from $20.5B in 1995 to $23.3B in 2018.

In 2017, France exported services to United States worth $30.7B, with Other business services ($10.4B), Transportation ($6.52B), and Royalties and license fees ($4.69B) being the largest in terms of value.

Comparison: In 2018, United States ranked 9 in the Economic Complexity Index (ECI 1.57), and 3 in total exports ($1.44T). That same year, France ranked 15 in the Economic Complexity Index (ECI 1.42), and 6 in total exports ($563B).

Product Trade

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Bilateral Trade by Products

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Depth

Value

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In 2018, United States exported $23.3B to France. The main products exported from United States to France were Refined Petroleum ($1.93B), Aircraft Parts ($970M), and Packaged Medicaments ($863M). During the last 23 years the exports of United States to France have increased at an annualized rate of 0.56%, from $20.5B in 1995 to $23.3B in 2018.

In 2018, France exported $44.8B to United States. The main products exported from France to United States were Gas Turbines ($5.52B), Packaged Medicaments ($3.86B), and Planes, Helicopters, and/or Spacecraft ($3.22B). During the last 23 years the exports of France to United States have increased at an annualized rate of 4.36%, from $16.8B in 1995 to $44.8B in 2018.

Latest Data

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Market Competitiveness

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Measure

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United States
Top Destination: Mexico, $237B

France
Top Destination: Germany, $78.5B

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 2018, countries that imported more from United States than France were Mexico ($237B), Canada ($190B), and China ($119B).

In 2018, countries that imported more from France than United States were Spain ($42.7B), Italy ($42.9B), and Germany ($78.5B).

Comparative Advantage United States - France

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Depth

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

During 2018, United States had a large net trade with France in the exports of Chemical Products ($5.57B), Machines ($4.56B), and Mineral Products ($3.44B).

During 2018, France had a large net trade with United States in the exports of Machines ($11.6B), Chemical Products ($8.56B), and Transportation ($8.42B).

Tariff Section

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Tariffs

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This section shows import tariffs for products traded between United States and France (using the HS6 product classification and the last year reported).

In 2018, the products from United States that paid the highest import tariffs to enter France were Tobacco: smoking, other than water pipe tobacco, whether or not containing tobacco substitutes in any proportion (350%) and Homogenized or reconstituted tobacco (350%).

In 2017, the products from France that paid the highest import tariffs to enter United States were Sugar beet (178%) and Whey (173%).

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*The tariffs present between United States and France are:
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement

Forecasts

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Trade Forecasts

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This section shows a forecast for total trade between ${linkedName1} and ${linkedName2}. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

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Service Trade

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Bilateral Service Trade

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Fra YearUsa Year

In 2011, United States exported services to France worth $11.6B, with Travel ($4.31B), Royalties and license fees ($3.66B), and Transportation ($2.66B) being the largest in terms of value.

In 2017, France exported services to United States worth $30.7B, with Other business services ($10.4B), Transportation ($6.52B), and Royalties and license fees ($4.69B) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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

About

Product Trade

Bilateral Trade by Products

Latest Data

Market Competitiveness

Comparative Advantage United States - France

Tariff Section

Tariffs

Forecasts

Trade Forecasts

Service Trade

Bilateral Service Trade

Economic Complexity

Competitive Landscape

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