Flag France

Econ Complexity (2018): 1.42, Rank 15 of 137

Product Exports (2018): $563B, Rank 6 of 222

Exports Per Capita (2018): $8.41k, Rank 148 of 219

Product Imports (2018): $657B, Rank 4 of 221

Imports Per Capita (2018): $9.81k, Rank 145 of 219

Service Exports (2017): $241B, Rank 4 of 117

Service Imports (2017): $214B, Rank 5 of 117

GDP (2018): $2.65T, CONST 2011 USD
Rank 11 of 188

GDP growth (2008 - 2018): 9.6%, CONST 2011 USD
Rank 153 of 188

GDP PC (2018): $39,556, CONST 2011 USD
Rank 26 of 188

GDP PC GROWTH (2008 - 2018): 5.32%, CONST 2011 USD
Rank 131 of 188

Overview: In 2018 France was the number 11 economy in the world in terms of GDP (constant 2011 international USD), the number 6 in total exports, the number 4 in total imports, and the number 15 most complex economy according to the Economic Complexity Index (ECI). In 2018, France exported $563B and imported $657B, resulting in a negative trade balance of -$93.9B. In 2018, France's exports per capita were $8.41k and its imports per capita were $9.81k.

Trade: The top exports of France are Planes, Helicopters, and/or Spacecraft ($43.8B), Cars ($26B), Packaged Medicaments ($25.7B), Vehicle Parts ($16.5B), and Gas Turbines ($14.4B). The top imports of France are Cars ($40.1B), Crude Petroleum ($23.3B), Refined Petroleum ($20.4B), Petroleum Gas ($17.3B), and Vehicle Parts ($16.4B).

Destinations: France exports mostly to Germany ($78.5B), United States ($44.8B), Italy ($42.9B), Belgium-Luxembourg ($42.9B), and Spain ($42.7B), and imports mostly from Germany ($121B), Belgium-Luxembourg ($62.3B), Italy ($56.4B), Spain ($48.6B), and China ($43.7B).

Location: France borders by land and United Kingdom by sea.

Product Exports

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Value

Top Export (2018): Planes, Helicopters, and/or Spacecraft, $43.8B

Top Destination (2018): Germany, $78.5B

In 2018 France exported a total of $563B, making it the number 6 exporter in the world. During the last five reported years the exports of France have changed by -$17.7B from $581B in 2013 to $563B in 2018.

The most recent exports are led by Planes, Helicopters, and/or Spacecraft ($43.8B), Cars ($26B), Packaged Medicaments ($25.7B), Vehicle Parts ($16.5B), and Gas Turbines ($14.4B). The most common destination for the exports of France are Germany ($78.5B), United States ($44.8B), Italy ($42.9B), Belgium-Luxembourg ($42.9B), and Spain ($42.7B).

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Product Imports

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Depth
Value

Top Import (2018): Cars, $40.1B

Top Origin (2018): Germany, $121B

In 2018 France imported $657B, making it the number 4 trade destination in the world. During the last five reported years the imports of France changed by -$6.93B from $664B in 2013 to $657B in 2018.

The most recent imports of France are led by Cars ($40.1B), Crude Petroleum ($23.3B), Refined Petroleum ($20.4B), Petroleum Gas ($17.3B), and Vehicle Parts ($16.4B). The most common import partners for France are Germany ($121B), Belgium-Luxembourg ($62.3B), Italy ($56.4B), Spain ($48.6B), and China ($43.7B).

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Flow

Fastest Growing Export Markets (2017 - 2018)

Fastest Growing Import Markets (2017 - 2018)

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).

Trade Forecasts

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This section shows forecasts for total product exports and imports for France. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Tariffs by Product

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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.

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*The tariffs applied to imports for France are:
109: Caribbean Forum (CARIFORUM) - European Union Economic Partnership Agreements (EPA)
119: Customs Union between EU and Turkey
121: Economic Partnership Agreement (EPA) between the EU and the Southern African Development Community (SADC) EPA Group
122: EU preferential tariff for sugar producing countries
123: European Union Generalized System of Preference
124: European Union GSP for Least Developed Countries
136: Most Favoured Nation duty rate treatement
160: Preferential tariff for Albania
161: Preferential tariff for Algeria
162: Preferential tariff for Andorra
172: Preferential tariff for Bosnia and Herzegovina
177: Preferential tariff for Cameroon
181: Preferential tariff for Central American Common Market CACM (Spanish: Mercado Común Centroamericano MCCA) Central American Integration System SICA
182: Preferential tariff for Chile
189: Preferential tariff for Colombia
205: Preferential tariff for Ecuador
206: Preferential tariff for Egypt
209: Preferential tariff for EPA countries
218: Preferential tariff for European Union countries
222: Preferential tariff for Faroe Islands
223: Preferential tariff for Fiji
224: Preferential tariff for for occupied Palestinian territory
226: Preferential tariff for Georgia
227: Preferential tariff for Ghana
238: Preferential tariff for Iceland
239: Preferential tariff for India
244: Preferential tariff for Israel
247: Preferential tariff for Jordan
249: Preferential tariff for Korea, Republic of
255: Preferential tariff for Lebanon
258: Preferential tariff for Liechtenstein
262: Preferential tariff for Macedonia
270: Preferential tariff for Mexico
272: Preferential tariff for Montenegro
273: Preferential tariff for Morocco
281: Preferential tariff for Norway
283: Preferential tariff for Overseas Countries and Territories
284: Preferential tariff for Pakistan
287: Preferential tariff for Papua New Guinea
289: Preferential tariff for Peru
293: Preferential tariff for San Marino
295: Preferential tariff for Selected Eastern and Southern African countries(Madagascar, Mauritius, Seychelles and Zimbabwe)
299: Preferential tariff for Singapore
302: Preferential tariff for South Africa
306: Preferential tariff for Switzerland
308: Preferential tariff for Syria
318: Preferential tariff for the republic of Moldova
321: Preferential tariff for Tunisia
325: Preferential tariff for Ukraine
341: Preferential tariffs for countries benefiting from the special incentive arrangement for sustainable development and good governance

Economic Complexity

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Economic Complexity Ranking

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Scale

During the last 20 years France's⁩ ⁨economy has become relatively less complex, moving from the ⁩⁨8th to the 15th⁩ 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.

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Most Specialized Products by RCA Index

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France has a high level of specialization in Flax Fibers (17.3), Wood Barrels (16.7), Perfumes (9.83), Wine (9.79), and Zinc Sheets (9.52). Specialization is measured using RCA, an index that takes the ratio between France observed and expected exports in each product.

Most Complex Products by PCI

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The highest complexity exports of France according to the product complexity index (PCI) are Chemical preparations for photographic use (2.16), Gaskets and similar joints of metal sheet (1.86), Silicones in primary forms (1.84), Equipment using X-rays, alpha, beta, gamma rays (1.8), and Bar or rod of stainless steel, hot rolled, coiled (1.74). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

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The top export opportunities for France according to the relatedness index, are Chemical Analysis Instruments (0.47), Liquid Fuel Furnaces (0.47), Rock Wool (0.46), Beer (0.46), and Revenue Stamps (0.46). 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.

Diversification Frontier

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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.