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Economy of France

France is a sovereign nation of Western Europe that comprises overseas areas and terrains. In terms of land covered, it is the largest nation in Western Europe. The estimated GPD of France in terms of purchasing power parity (PPP) was $2.273 trillion in the year which is the 10th largest when compare to the rest of the nations. Paris is the capital of France and the largest city of the country as well. The economy of France is very stable and expanded across various sectors of the nation. France has a very strong privatization system; the company has privatized so many large scale companies, such as Air France, France Telecom and Renault, companies like these many others are contributing quite significantly to the economy of the country France also gets around 82 million overseas tours every year which makes it the most visited nation in the world. The high percentage of country’s income depends on the sector of tourism. Apart from tourism, some of the other major industries of France include machinery, chemicals, automobiles, metallurgy, aircraft, food processing. France has a calendar year system for handling the annual monetary affairs of the country.

Imports of France

The estimated value of France imports was calculated $640.1 billion as per the stats of 2013, which is the 7 largest when compare to the rest of the countries. Some of the notable imports of France comprise machinery and equipment, automobile, crude oil, aircraft, plastics and chemicals. Germany is the leading import partner of France while other major import partners include Belgium, Italy, Netherlands, Spain, UK and China.

Exports of France

France is the 6th largest exporting country of the world. The estimated value of exports was calculated $570.1 billion in the year 2013. The exports commodities that are being dispatched to the various countries by France include machinery, transportation, aircraft, plastics, chemicals and pharmaceutical products. The major export partners of France include Belgium, Germany, Spain, UK, US and Netherlands.

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Capital
Paris
Dialing Code
+33
Fiscal Year
Calendar Year
Currency
Euro (EUR)
GDP
$2,128,000,000,000
Exports
$578.4 billion (2011 est.) | Machinery And Transportation Equipment, Aircraft, Plastics, Chemicals, Pharmaceutical Products, Iron And Steel, Beverages
Imports
$684.6 billion (2011 est.) | Machinery And Equipment, Vehicles, Crude Oil, Aircraft, Plastics, Chemicals
Industries
Machinery, Chemicals, Automobiles, Metallurgy, Aircraft, Electronics; Textiles, Food Processing; Tourism