France2019 Economic Complexity: 1.45, Rank 16 of 157
2019 Product Exports | Imports: $558B | $643B, 5 of 225 | 6 of 225
2019 Per Capita Product Exports | Imports: $8.33k | $9.59k, 48 of 219 | 36 of 219
2017 Service Exports | Imports : $241B | $214B, 4 of 139 | 5 of 139
Overview: In 2019 France was the number 7 economy in the world in terms of GDP (current US$), the number 5 in total exports, the number 6 in total imports, the number 26 economy in terms of GDP per capita (current US$) and the number 16 most complex economy according to the Economic Complexity Index (ECI).
Exports: The top exports of France are Planes, Helicopters, and/or Spacecraft ($46.3B), Packaged Medicaments ($26.3B), Cars ($24.5B), Gas Turbines ($19.1B), and Vehicle Parts ($14.9B), exporting mostly to Germany ($76.2B), United States ($47.4B), Italy ($41.2B), Spain ($40.8B), and Belgium ($39B).
In 2019, France was the world's biggest exporter of Planes, Helicopters, and/or Spacecraft ($46.3B), Wine ($11.1B), Beauty Products ($10.1B), Perfumes ($5.77B), and Bovine ($1.57B)
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).
In 2019, France was the world's biggest importer of Butter ($989M), Glands and Other Organs ($986M), Nuclear Reactors ($423M), Other Metal Fasteners ($371M), Agglomerated Cork ($179M)
Location: France borders by land and United Kingdom by sea.
Top Export (2019): Planes, Helicopters, and/or Spacecraft, $46.3B
Top Destination (2019): Germany, $76.2B
In 2019, France exported a total of $558B, making it the number 5 exporter in the world. During the last five reported years the exports of France have changed by -$22.5B from $581B in 2014 to $558B in 2019.
The most recent exports are led by Planes, Helicopters, and/or Spacecraft ($46.3B), Packaged Medicaments ($26.3B), Cars ($24.5B), Gas Turbines ($19.1B), and Vehicle Parts ($14.9B). The most common destination for the exports of France are Germany ($76.2B), United States ($47.4B), Italy ($41.2B), Spain ($40.8B), and Belgium ($39B).
In 2019 France imported $643B, making it the number 6 trade destination in the world. During the last five reported years the imports of France changed by -$26B from $669B in 2014 to $643B in 2019.
The most recent imports of France are led by Cars ($39.5B), Crude Petroleum ($21.6B), Refined Petroleum ($19.9B), Packaged Medicaments ($16.2B), and Aircraft Parts ($15.7B). The most common import partners for France are Germany ($115B), Belgium ($55.6B), Italy ($54.9B), Spain ($47.4B), and China ($45.2B).
Fastest Growing Export Markets (2018 - 2019)
Fastest Growing Import Markets (2018 - 2019)
France Exports Services (2017): $241B
France Imports Services (2017): $214B
In 2017, France exported $241B worth of services. The top services exported by France in 2017 were Miscellaneous business, professional, and technical services ($73B), Travel ($60.7B), Transportation ($45.1B), Computer and information services ($18.4B), and Royalties and license fees ($16.5B).
The top services imported by France in 2017 were Miscellaneous business, professional, and technical services ($69.1B), Transportation ($47.3B), Travel ($41.4B), Computer and information services ($18.6B), and Royalties and license fees ($14.9B).
The top product import tariffs by their MFN Ad Valorem value for France are Sugar beet (178%) and Whey (173%).
Click any of the products in the bar chart to see the specific Ad Valorem Duty Rates by partner country.
*The tariffs applied to imports for France are:
During the last 20 years France's economy has become relatively less complex, moving from the 8th to the 16th position in the ECI rank.
These economic complexity rankings use 6 digit exports classified according to the HS96 classification. We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. To explore different rankings and vary these parameters visit the custom rankings section.
This section shows exports, imports and economic complexity data at subnational level for France. Click any of the Region in the geomap to visit the specific subnational profile.
France has a high level of specialization in Flax Fibers (18.3), Wood Barrels (16.1), Wine (10.1), Perfumes (9.79), and Planes, Helicopters, and/or Spacecraft (9.56). Specialization is measured using RCA, an index that takes the ratio between France observed and expected exports in each product.
The highest complexity exports of France according to the product complexity index (PCI) are Chemical element/compound wafers doped for electronics (2.18), Equipment using X-rays, alpha, beta, gamma rays (1.84), Esters of inorganic acids nes, salts, derivatives (1.83), Screws, bolts, nuts, rivets, washers, etc, iron, steel (1.81), and Bar or rod of stainless steel, hot rolled, coiled (1.78). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
The top export opportunities for France according to the relatedness index, are Chemical Analysis Instruments (0.47), Sheet Music (0.46), Photographic Paper (0.45), Revenue Stamps (0.45), and Medical Instruments (0.45). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that France is not specialized in.
The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.
The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities. Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.
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