France's Global Position
By the numbers, France remains a major player in the world economy:
Economic Weight
France's global standing: - 7th largest economy globally (€2.5 trillion GDP) - 3rd largest European economy after Germany and UK - 6th largest exporter worldwide - 4th largest recipient of foreign direct investment - Home to 31 Fortune Global 500 companies
Trade Profile
France's international commerce reveals strengths and weaknesses:
Exports (€550 billion annually): - Aerospace equipment (€55 billion) - Chemical products (€52 billion) - Machinery and equipment (€45 billion) - Agri-food products (€44 billion) - Luxury goods (€40 billion)
Imports (€625 billion annually): - Energy products (€85 billion) - Machinery and equipment (€70 billion) - Electronics and computers (€55 billion) - Textiles and clothing (€45 billion) - Automotive products (€40 billion)
Chronic Trade Deficit: - €75 billion goods deficit - €25 billion services surplus - Energy dependence driving imbalance - Industrial competitiveness questions - Tourism partially offsetting