Trade Growth of France in 2023
France in Western Europe has been an influential economy of the globe because of its vast industrial sectors and wide range of import and export sectors contributing a significant share to the growing economy of the nation in 2023. The mixed capitalist economy of France has been dependent on its wide range of exports ranging from mechanical equipment to industrial and agricultural goods for the economical necessity and the stability in trade demographics of the nation in 2023. The trade relationships with some of the top traders across the world frame the political and trade stability promoting economic growth.
France Customs Data says with a substantial contribution from the top industrial sectors like automobile industries, manufacturing industries, pharmaceutical industries, and aerospace industries the GDP of the nation has stood at a staggering value of 2.9 trillion US dollars in 2023. Import Globals, France Trade Data enlists all the key sectors of the country’s growing trade rates to give a proper overview of exponential trade growth to business traders worldwide.
Top Acquirements / Imports of France in 2023
The growing import trade rate of the nation's consumer rates and industrial sectors have boosted the import trade value of the nation by a rate of 2.8% worth 778 billion US dollars in 2023. According to the France Import Data, the top imports of the nation in 2023 are discussed below,
• Crude petroleum (HS code - 27) – Import trade cost rate of Crude petroleum imports in 2023 – 63 billion US dollars.
Import Variations of Crude Petroleum
1. Light crude oil
2. Bonny Light crude
3. Saharan Blend crude
4. CPC Blend crude
5. Arab Light crude
• Cars (HS code - 87) – Import trade cost rate of Car imports in 2023 – 63 billion US dollars.
Import Variations of Cars
1. Passenger Cars
2. SUV’s
3. Luxury Cars
4. Compact Cars
5. Renault Captur
• Refined petroleum (HS code - 27) – Import trade cost rate of Refined petroleum imports in 2023 – 63 billion US dollars.
Import Variations of Refined Petroleum
1. Petroleum gases
2. Crude oil
3. Processed petroleum oils
4. Petroleum oil residues
5. Lubricants and petroleum jelly
• Packaged medicaments (HS code - 30) – Import trade cost rate of Packaged medicaments imports in 2023 – 63 billion US dollars.
Import Variations of Packaged Medicaments
1. Antibiotics
2. Antineoplastic agents
3. Hormonal preparations
4. Analgesics and anti-inflammatory drugs
5. Vaccines
• Aircraft and spacecraft (HS code - 88) – Import trade cost rate of Aircraft and spacecraft imports in 2023 – 63 billion US dollars.
Import Variations of Aircraft and Spacecraft
1. Commercial Aircraft
2. Military Aircraft
3. Helicopters
4. Spacecraft
5. Parts and Accessories
• Vehicle parts (HS code - 87) – Import trade cost rate of Vehicle parts imports in 2023 – 63 billion US dollars
Import Variations of Vehicle Parts
1. Engine Components
2. Transmission Parts
3. Suspension and Steering Parts
4. Braking Systems
5. Electrical Components
• Computers (HS code - 84) – Import trade cost rate of Computer imports in 2023 – 63 billion US dollars.
Import Variations of Computers
1. Personal Computers
2. Servers
3. Tablets
4. Workstations
5. Computer Components
• Petroleum Gas (HS code - 27) – Import trade cost rate of Petroleum gas imports in 2023 – 63 billion US dollars.
Import Variations of Petroleum Gas
1. Liquefied Natural Gas
2. Liquefied Petroleum Gas
3. Propane
4. Butane
5. Ethylene
• Broadcasting equipment (HS code - 85) – Import trade cost rate of Broadcasting equipment imports in 2023 – 63 billion US dollars.
Import Variations of Broadcasting Equipment
1. Transmitters and Receivers
2. Studio Equipment
3. Satellite Communication Equipment
4. Broadcasting Towers and Antennas
5. Signal Processing Equipment
• Gold (HS code - 71) – Import trade cost rate of Gold imports in 2023 – 63 billion US dollars.
Import Variations of Gold
1. Gold Bullion
2. Gold Coins
3. Gold Jewelry
4. Gold Dust and Nuggets
5. Gold Clippings and Scraps
Import Trade Statistics of France for the Last 10 Years
1. Import trade value of France in 2013 – 585 billion US dollars
2. Import trade value of France in 2014 – 590 billion US dollars
3. Import trade value of France in 2015 – 610 billion US dollars
4. Import trade value of France in 2016 – 620 billion US dollars
5. Import trade value of France in 2017 – 645 billion US dollars
6. Import trade value of France in 2018 – 560 billion US dollars
7. Import trade value of France in 2019 – 670 billion US dollars
8. Import trade value of France in 2020 – 690 billion US dollars
9. Import trade value of France in 2021 – 697 billion US dollars
10. Import trade value of France in 2022 – 700 billion US dollars
Top Productions / Export of France in 2023
The France Export Data enlists the below-mentioned products as the top exports resulting in an export trade value of 850 billion US dollars of the nation in 2023,
• Aerospace and defense products (HS code - 52) – Export trade cost rate of Aerospace and defense products exports in 2023 – 68 billion US dollars.
Export Variations
1. Military Aircraft
2. Spacecraft and Satellites
3. Missiles and Rocket Systems
4. Helicopters
5. Defense Electronics
• Perfumes and cosmetics (HS code - 33) – Export trade cost rate of Perfumes and cosmetics exports in 2023 – 27 billion US dollars.
Export Variations
1. Fragrances
2. Skincare Products
3. Makeup and Color Cosmetics
4. Haircare Products
5. Personal Care Items
• Pharmaceuticals (HS code - 29) – Export trade cost rate of Pharmaceuticals exports in 2023 – 24 billion US dollars.
Export Variations
1. Vaccines
2. Biopharmaceuticals
3. Generics and Biosimilars
4. Biologics
5. Analgesics
• Motor Vehicles (HS code - 87) – Export trade cost rate of Motor Vehicles exports in 2023 – 22 billion US dollars.
Export Variations
1. Passenger Cars
2. Commercial Vehicles
3. Electric Vehicles (EVs)
4. Luxury and High-Performance Vehicles
5. Motorcycles and Scooters
• Agricultural products (HS code - 84) – Export trade cost rate of Agricultural products exports in 2023 – 20 billion US dollars.
Export Variations
1. Wine
2. Grains and Cereals
3. Dairy Products
4. Fruits and Vegetables
5. Meat and Processed Meat Products
• Machinery and equipment (HS code - 84) – Export trade cost rate of Machinery and equipment exports in 2023 – 19 billion US dollars.
Export Variations
1. Industrial Machinery
2. Construction Machinery
3. Agricultural Machinery
4. Electrical Machinery and Equipment
5. Medical and Laboratory Equipment
• Iron and steel products (HS code - 72) – Export trade cost rate of Iron and steel products exports in 2023 – 12 billion US dollars.
Export Variations
1. Steel Bars and Rods
2. Steel Sheets and Plates
3. Steel Tubes and Pipes
4. Iron and Steel Castings
5. Stainless Steel Products
• Electrical equipment (HS code - 85) – Export trade cost rate of Electrical equipment exports in 2023 – 11 billion US dollars.
Export Variations
1. Transformers
2. Circuit Breakers and Switchgear
3. Generators
4. Electrical Cables and Wires
5. Control Panels and Automation Equipment
• Plastics and rubber products (HS code - 65) – Export trade cost rate of Plastics and rubber products exports in 2023 – 10 billion US dollars.
Export Variations
1. Plastic Resins
2. Plastic Sheets and Films
3. Rubber Tires
4. Plastic and Rubber Components
5. Plastic Packaging
• Organic Chemicals (HS code - 29) – Export trade cost rate of Organic Chemicals exports in 2023 – 9 billion US dollars.
Export Variations
1. Aromatic Hydrocarbons
2. Aliphatic Hydrocarbons
3. Organic Acids
4. Organic Solvents
5. Pharmaceutical Intermediates
Export Trade Statistics of France for the Last 10 Years
1. Export trade value of France in 2013 – 610 billion US dollars
2. Export trade value of France in 2014 - 625 billion US dollars
3. Export trade value of France in 2015 – 680 billion US dollars
4. Export trade value of France in 2016 – 710 billion US dollars
5. Export trade value of France in 2017 – 695 billion US dollars
6. Export trade value of France in 2018 – 719 billion US dollars
7. Export trade value of France in 2019 – 743 billion US dollars
8. Export trade value of France in 2020 – 728 billion US dollars
9. Export trade value of France in 2021 – 787 billion US dollars
10. Export trade value of France in 2022 – 800 billion US dollars
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