• Analysis and Studies
• France: a look at the market

France is a country located on the western edge of Europe, bordered by the Atlantic Ocean in the west, by the English Channel in the northwest, and by the North Sea in the north. Belgium and Luxembourg also border the nation in the northeast, Germany, Switzerland, and Italy in the east, the Mediterranean Sea, Monaco, Spain, and Andorra in the south.

As one of the oldest countries of the world, France has played an important role in the development of the European Civilization. Thanks to its economy, politics, army, and culture the nation is considered a major power, with a strong influence around the world.

The country has an history rich of revolutions and conflicts, starting as a kingdom during the Middle Ages, evolving into an empire and then into a republic. All of its cultural influences shaped the country itself, passing on to us many historic monuments that rise the curiosity of million of foreign tourists every year.

The economy of France

Tourism is an essential resource for the economy of the country, since France is the most visited country in the world. In addition to this, its economy is diversified across all sectors. With a GDP of $2.93 thousands of billions, the country was the 7^th economy in the world in 2020.

France exports packaged medicaments ($27.9B), planes, helicopters, and/or spacecraft ($25.2B), cars ($18.9B), motor vehicles; parts and accessories (8701 to 8705) ($12.4B), and gas turbines ($11.5B), mostly to Germany ($65.2B), United States ($36.7B), Italy ($36B), Belgium ($34.6B), and Spain ($33.9B).

At the same time, the top imports of France are cars ($35.5B), packaged medicaments ($18.5B), refined petroleum ($14.7B), motor vehicles; parts and accessories (8701 to 8705) ($12.7B), and crude petroleum ($10.5B), importing mostly from Germany ($101B), Italy ($49.5B), Spain ($47.6B), Belgium ($44.4B), and Netherlands ($43.7B).

In 2020, France was the world's biggest exporter of planes, helicopters, and/or spacecraft ($25.2B), wine ($10.1B), beauty products ($9.02B), perfumes ($4.49B), and bovine ($1.61B), but it was also the biggest importer of non-fillet fresh fish ($2.02B), glands and other organs ($923M), nuclear reactors ($603M), other metal fasteners ($299M), and agglomerated cork ($175M).

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