About

Overview In 2022, France was the number 7 economy in the world in terms of GDP (current US$), the number 8 in total exports, the number 5 in total imports, the number 26 economy in terms of GDP per capita (current US$) 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 ($26.6B), Packaged Medicaments ($26B), Cars ($21.3B), Petroleum Gas ($15.9B), and Motor vehicles; parts and accessories (8701 to 8705) ($13.9B), exporting mostly to Germany ($78.3B), Italy ($56.4B), United States ($50B), Belgium ($47.8B), and Spain ($46.4B).

In 2022, France was the world's biggest exporter of Wine ($13.1B), Beauty Products ($10.8B), Perfumes ($7.24B), Bovine ($1.72B), and Water ($921M)

Imports The top imports of France are Petroleum Gas ($61.9B), Cars ($37.3B), Refined Petroleum ($34.3B), Crude Petroleum ($32.3B), and Packaged Medicaments ($17.6B), importing mostly from Germany ($120B), Belgium ($71.1B), Spain ($65.2B), Italy ($63.8B), and Netherlands ($59.9B).

In 2022, France was the world's biggest importer of Electricity ($14.6B), Non-fillet Fresh Fish ($2.78B), Butter ($1.53B), Glands and Other Organs ($1.11B), and Nuclear Reactors ($616M)

Location France borders by land and United Kingdom by sea.

Latest Trends

Fourth Quarter, 2023

Historical Data

Yearly Trade

Flow
Color
Depth
Top Destination (2022)Germany$78.3B

In 2022, France exported a total of $608B, making it the number 8 exporter in the world. During the last five reported years the exports of France have changed by $83.9B from $524B in 2017 to $608B in 2022.

The most recent exports are led by Planes, Helicopters, and/or Spacecraft ($26.6B), Packaged Medicaments ($26B), Cars ($21.3B), Petroleum Gas ($15.9B), and Motor vehicles; parts and accessories (8701 to 8705) ($13.9B). The most common destination for the exports of France are Germany ($78.3B), Italy ($56.4B), United States ($50B), Belgium ($47.8B), and Spain ($46.4B).

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Exports (2022)
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Destinations (2022)
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Market Growth

Flow
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Growth
Fastest Growing Export Markets (2021 - 2022)
Italy$10.5B (+ 22.8%)
United States$7.77B (+ 18.4%)
Spain$4.79B (+ 11.5%)
Fastest Growing Import Markets (2021 - 2022)
Norway$15.8B (+ 156%)
United States$14.8B (+ 55.5%)
Belgium$10.2B (+ 16.7%)

Total Export Growth by Market (2021 - 2022)

Potential Exports

Potential Exports

Type
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Service Trade

Service Trade

France Exports Services (2020)$213B
France Imports Services (2020)$199B

In 2020, France exported $213B worth of services. The top services exported by France in 2020 were Miscellaneous business, professional, and technical services ($75.4B), Personal travel ($29.3B), Sea transport ($19.7B), Other transport ($16.3B), and Royalties and license fees ($14.7B).

The top services imported by France in 2020 were Miscellaneous business, professional, and technical services ($66.5B), Other transport ($24.7B), Personal travel ($16.4B), Sea transport ($13.5B), and Royalties and license fees ($12.3B).

Service Exports (2020)

Service Imports (2020)

Economic Complexity

Overview

Economic Complexity (Trade)1.3Rank 16 of 133
Economic Complexity (Technology)1.24Rank 7 of 96
Economic Complexity (Research)1.72Rank 15 of 135

Most Specialized Products by RCA Index

France has a high level of specialization in Flax Fibers (22.6), Wood Barrels (17.7), Wine (13), Perfumes (12.8), and Zinc Sheets (9.82). 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

Export Opportunities by Relatedness

The top export opportunities for France according to the relatedness index, were Coin (0.49), Chemical Analysis Instruments (0.49), Fairground Amusements (0.48), Tensile Testing Machines (0.48), and Photographic Paper (0.48). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that France is not specialized in.

Product Space

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 a country currently specializes in.

Relatedness Space

This network shows the products most related to the production structure of France. These are products that tend to be co-exported with the products that France exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relatedness Space (2022)

Diversification Frontier

Filter
Depth

The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is 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 greenhouse emissions.

Diversification Frontier

Economic Complexity Ranking

Methodology
Scale

During the last 20 years France's⁩ ⁨economy has become relatively less complex, moving from the ⁩⁨10th 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.

Explore Rankings

ECI (Trade) Ranking by Country

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