France has an educated population, world-class universities and a talented workforce. It has a modern corporate culture, sophisticated financial markets, strong intellectual property protection and innovative frameworks. The country is known for its world-class infrastructure, including high-speed passenger trains, seaports, extensive road networks and public transport, as well as efficient intermodal connections. In 2019, France was the world`s ninth largest foreign direct investment (FDI) market. In total, more than 28,000 foreign-invested companies operate in France. It is home to 29 of the world`s 500 largest companies. In 2020, France ranked 9th at the World Economic Forum in terms of preparing for global competitiveness and economic transformation. France also finished 4th. Ranked in the 2020 annual “Countries with the Best Foreign Direct Investment Opportunities” survey of global leaders, financial advisors, wealthy families, financial institutions, corporations, retail investors and high net worth individuals, which assesses the markets likely to attract the most investment over the next three years. Describes the trade agreements in which this country is involved. Provides resources for U.S.
companies to obtain information on the use of these agreements. 3/ Each U.S. state participates in these trade flows, with differences reflecting its respective economic weight and sectoral specializations. California is the main exporter of goods to France, followed by Texas, partly because of its energy industry, while New York State and New Jersey are the main importers of goods from France. Similarly, the Ile-de-France (Paris region), Auvergne-Rhône-Alpes (Lyon region) and Occitanie (south-west) regions are particularly involved in this relationship – the latter because of their aeronautics industry. Franco-American cooperation in the scientific, academic and cultural fields is flourishing and France is working to strengthen student exchanges, scientific cooperation and bilingualism. France is the fourth most popular destination for American university students, with about 17,000 students studying in France each year (50% of them in short-term programs). The Transatlantic Friendship and Mobility Initiative, signed in 2014, aims to double Franco-American mobility flows by 2025. France is a major source of foreign direct investment (FDI) and jobs in the United States. The total stock of French foreign direct investment in the United States stood at $222 billion at the end of 2012. France is one of the top five sources of jobs created by foreign direct investment in the United States, with U.S.
subsidiaries of French companies employing about 525,000 Americans in 2011 at an average salary of nearly $80,000. At the same time, the United States was the largest job-creating investor in France in 2012, with U.S. FDI stocks in France totaling $83 billion. More than 1,240 subsidiaries of American companies were present in France in 2012, supporting about 440,000 jobs. France and the United States, in addition to their strong political ties, have deep economic ties that are mutually beneficial. These trade and investment flows support growth, jobs and innovation in both countries. Trade and investment relations between the United States and France are strong. On average, more than $1 billion in business transactions take place daily, including sales from U.S. and French foreign subsidiaries. ==References=====External links===Exports to France include industrial chemicals, aircraft and engines, electronic components, telecommunications, computer software, computers and peripherals, analytical and scientific instruments, medical instruments and accessories, and radio equipment. The United States is the main foreign destination for French investment.
After The Land of The Final Beneficial Owner (UBO), France entered the top 5 investment countries at the end of 2020 ($315.0 billion), an improvement of one position compared to 2019. The United States is the leading foreign investor in France in terms of job creation. In 2020, the United States was the largest foreign investor in France, with a total stock of foreign direct investment (FDI) of more than $91.1 billion. More than 4,600 American companies operate in France and support nearly 480,000 jobs. In 2020, a total of 204 investments from the United States were recorded in France, creating 8,286 jobs, 5% more than in 2019. In 2020, the United States exported $42.9 billion worth of goods and services to France, down 28.8 percent from 2019. The United States and France have a bilateral investment treaty and a bilateral tax treaty that address, among other things, double taxation and tax evasion. 1 There are some variants of France-USA. Trade data between the U.S. Census Bureau and French Customs. For the part of the report that covers the entire American territory, we have chosen to use data from Eurostat, the statistical office of the European Union. It provides a harmonised set of data on the EU and the US.
for each Member State, which mitigates methodological differences and quasi-transit effects. However, for state-to-state trade with France and sub-regional trade in France, we use data from the U.S. Census Bureau and French Customs, respectively, as these are the only sources for these figures. France enjoys a positive image in the United States. According to a survey conducted in February 2018, France ranks fourth among countries with a positive image in the United States with 84% of positive opinions. 7/ The positive effects of these FDI flows are spread across the United States. The states of California, New York and Texas attract both the largest percentage of French foreign direct investment and the most job-creating foreign direct investment because of their economic importance. However, all U.S. states benefit from this investment relationship, as shown in the chart below. All French regions also benefit from foreign direct investment in the United States. The French central bank estimated on September 13 that the French economy would grow by 6.3% in 2021, while the French government expects GDP growth of 6%. The recovery is expected to continue until 2022, with growth remaining strong at around 4% and economic activity expected to return to pre-Covid levels by the end of 2021.
==External links==And France cooperates closely on many issues, including in the fight against terrorism, efforts to curb the proliferation of weapons of mass destruction and regional problems, particularly in Africa, the Middle East, the Balkans and Central Asia. As one of the P5+1 powers and as the leader of the European Union, France is working to prevent Iran from developing nuclear weapons. France is making an important contribution to the coalition of defeat against Daesh. In the Israeli-Palestinian conflict, France supports the involvement of the United States in the peace process. France is one of the five largest troop contributors to the North Atlantic Treaty Organization (NATO). The Frenchman supports NATO`s modernization efforts and makes a leading contribution to NATO`s Rapid Reaction Force. France is also working closely with the United States on international threats to public health such as Ebola. France was the U.S. 8th largest trading partner in 2013, with U.S.
merchandise exports to France worth $32 billion and imports from France totaling $45 billion. The United States is the largest buyer of goods in France outside the European Union. Nearly 25% of bilateral merchandise trade takes place in the aerospace industry, as evidenced by the interconnection of the global supply chains of major aircraft manufacturers on both sides of the Atlantic. France and the United States are also important trading partners in the services sector, with U.S. services exports to France reaching $15.1 billion in the first nine months of 2013 and services imports from France reaching $11.7 billion over the same period. The United States and France, through their membership of the European Union, are negotiating a Transatlantic Trade and Investment Partnership (T-TIP). The United States is seeking to deepen its economic relations with Europe through an ambitious and comprehensive agreement. > quick help to download > full help on Documents Online In terms of promoting the French language, French is the sixth most spoken language in the United States and the second most learned foreign language in the public education system (1.25 million students) and at the university (200,000 students). The development of immersion schools is particularly active with 25,000 students in more than 150 schools. Discusses key economic indicators and trade statistics, countries that dominate the market, and other topics that influence trade.
Historically, the trade and economic alliance between the United States and France is one of the oldest and closest to the United States. The United States and France established diplomatic relations in 1778. The first U.S. trade agreement, the Treaty of Amity and Commerce between the United States and France, was signed the same year. Relations between the United States and France have remained active and friendly. Our countries share common values and have similar policies on most political, economic and security issues. France is one of the United States` most important and most important trading partners. The strength of our economic relations lies in extensive bilateral trade, as well as significant investments in each other`s markets, both of which create high-quality, well-paying jobs. .