France-USA Bilateral Trade Analysis 2023

Complete trade statistics: $90.07B total volume โ€ขFrance surplus: $8.58B

France โ†’ USA

$49.32B

Exports (2023)

USA โ†’ France

$40.74B

Imports (2023)

Trade Balance

$8.58B

Surplus for France

Total Trade

$90.07B

Combined Volume

Trade Flow Visualization

Direct trade relationship between France and USA. Green line shows exports from France, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the France-USA commercial relationship and competitive positioning in global markets.

France โ†’ USA Exports

$49.32B
2023 Total

Export Market Intelligence

Product Diversity:
Highly Diversified
Market Share:
7.3% top product
1Turbines: parts of turbo-jets and turbo-propellers
$3.62B
7.3% of exports
2Aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg
$1.92B
3.9% of exports
3Perfumes and toilet waters
$1.85B
3.7% of exports
4Wine: still, in containers holding 2 litres or less
$1.48B
3.0% of exports
5Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof
$1.44B
2.9% of exports
6Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
$1.43B
2.9% of exports
7Aircraft and spacecraft: parts of aeroplanes or helicopters n.e.c. in heading no. 8803
$1.22B
2.5% of exports
8Spirits obtained by distilling grape wine or grape marc
$1.17B
2.4% of exports
9Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils
$1.15B
2.3% of exports
10Medicaments: containing hormones (but not insulin), adrenal cortex hormones or antibiotics, for therapeutic or prophylactic uses, packaged for retail sale
$1.04B
2.1% of exports

๐ŸŽฏ Strategic Export Focus

France's export portfolio to USA demonstrates strong diversification across multiple sectors, with turbines: parts of turbo-jets and turbo-propellers representing a key competitive advantage in this bilateral market.

USA โ†’ France Imports

$40.74B
2023 Total

Import Dependency Profile

Supply Diversity:
Well Diversified
Critical Imports:
13.7% concentration
1Oils: petroleum oils and oils obtained from bituminous minerals, crude
$5.60B
13.7% of imports
2Petroleum gases and other gaseous hydrocarbons: liquefied, natural gas
$4.91B
12.1% of imports
3Turbines: parts of turbo-jets and turbo-propellers
$3.64B
8.9% of imports
4Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils
$1.58B
3.9% of imports
5Turbo-jets: of a thrust exceeding 25kN
$1.56B
3.8% of imports
6Aircraft and spacecraft: parts of aeroplanes or helicopters n.e.c. in heading no. 8803
$1.32B
3.2% of imports
7Reagents: diagnostic or laboratory reagents on a backing and prepared diagnostic or laboratory reagents whether or not on a backing, other than those of heading no. 3002 or 3006: certified reference material
$529.55M
1.3% of imports
8Paintings, drawings and pastels: executed entirely by hand, other than drawings of heading no. 4906
$457.21M
1.1% of imports
9Petroleum gases and other gaseous hydrocarbons: liquefied, propane
$439.41M
1.1% of imports
10Coal: bituminous, whether or not pulverised, but not agglomerated
$352.74M
0.9% of imports

๐Ÿ“ฆ Import Strategy Analysis

France's import pattern from USA reveals strategic sourcingin oils: petroleum oils and oils obtained from bituminous minerals, crude, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

๐Ÿ†

Market Leadership

France demonstrates competitive strength in exportingturbines: parts of turbo-jets and turbo-propellers to USA, leveraging comparative advantages.

Export Leader in 20+ Categories
๐Ÿ”„

Trade Complementarity

The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.

Highly Balanced
๐Ÿ“ˆ

Growth Potential

The $90.07B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Major Partnership

Executive Summary: France-USA Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $90.07 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: France maintains a surplus of $8.58 billion
  • Export Focus: France's primary exports include turbines: parts of turbo-jets and turbo-propellers, aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg, perfumes and toilet waters
  • Import Dependencies: Key imports from USA include oils: petroleum oils and oils obtained from bituminous minerals, crude, petroleum gases and other gaseous hydrocarbons: liquefied, natural gas, turbines: parts of turbo-jets and turbo-propellers

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationDiversified
Trade Balance HealthBalanced

๐Ÿ“ˆ Market Position: This bilateral trade relationship represents one of the world's largest trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $90.07B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with France leveraging its comparative advantages in turbines: parts of turbo-jets and turbo-propellers.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

France's specialization in turbines: parts of turbo-jets and turbo-propellerscomplements USA's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in oils: petroleum oils and oils obtained from bituminous minerals, crude.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $90.07B bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationLow
Market DependencyModerate
๐Ÿ”ฎ

Trade Relationship Outlook

The $90.07B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

๐Ÿ’ฐ

Trade Volume Impact

The $90.07 billion bilateral trade volume represents a major economic driverfor both economies.

Economic Significance: Very High
๐Ÿญ

Industrial Integration

Trade flows in turbines: parts of turbo-jets and turbo-propellers and oils: petroleum oils and oils obtained from bituminous minerals, crude demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Diversified
โš–๏ธ

Trade Balance Effects

France's trade surplus of $8.58 billion strengthens its overall economic position in this bilateral relationship.

Balance Impact: Well Balanced

Strategic Future Outlook

๐Ÿš€Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg present expansion opportunities.
Market Diversification
Beyond current focus on oils: petroleum oils and oils obtained from bituminous minerals, crude, new product categories offer potential for trade expansion.

โš ๏ธRisk Factors

Supply Chain Vulnerabilities
Moderate concentration in key sectors requires monitoring
Market Competition
Global competition in turbines: parts of turbo-jets and turbo-propellers may affect future market positioning.

๐ŸŽฏStrategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between France and USA represents a total trade volume of $90.07 billion in 2023. This partnership demonstrates a favorable trade balance for France, with exports exceeding importsby $8.58 billion.

Export Strengths

France's exports to USA total $49.32 billion, with competitive advantages in turbines: parts of turbo-jets and turbo-propellers, representing $3.62B or7.3% of bilateral exports.

Import Dependencies

Imports from USA amount to $40.74 billion, highlighting economic interdependence in oils: petroleum oils and oils obtained from bituminous minerals, crude, with Oils: petroleum oils and oils obtained from bituminous minerals, crude comprising13.7% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates France's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

Download Bilateral Trade Data

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Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) โ€ข Last Updated: January 2025 โ€ข Coverage: 1995-2023