Country profiles
1. Algeria 2. Germany 3. Belgium 4. Canada 5. China 6. Japan 7. Morocco 8. India 9. Italy 10. Tunisia 176 additional countriesImporters by Country
Business solvency reports (Service for a fee)Our Data Privacy Policy and our Terms and Conditions have been updated. We invite you to read the new versions.
France: The market
France is the largest agricultural power in the European Union, accounting for one-fourth of the EU’s total agricultural production. Nevertheless, the agricultural sector only represents a very small part of the country's GDP (1.6%) and employs 2% of the population. French agricultural activities receive significant subsidies, especially from the European Union. Wheat, corn, meats and wine are France's main agricultural products.
France's manufacturing industry is highly diversified; however, the country is currently undergoing a de-industrialisation process, which has resulted in the outsourcing of many activities. Industry represents 17.1% of GDP and employs a fifth of the active workforce. The key industrial sectors in France are telecommunications, electronics, automobile, aerospace and weapons.
The tertiary sector represents 70.2% of the French GDP and employs 78% of the active workforce. France is the leading tourist destination in the world with 91 million foreign visitors in 2019, another consecutive record year after 2018. The discovery of the cultural and gastronomic heritage of France and shopping are the main activities popular with foreign tourists.
In 2020, due to the COVID-19 pandemic, the lockdown measures caused an unprecedented loss of activity in virtually all sectors. The most sharply impacted include tourism, automobiles, transport and aerospace, while the agri-food and pharmaceuticals sectors have been resilient.
Source: Comtrade, Latest Available Data
Breakdown of Economic Activity By Sector | Agriculture | Industry | Services |
Employment By Sector (in % of Total Employment) | 2.4 | 19.9 | 77.7 |
Value Added (in % of GDP) | 1.6 | 17.1 | 70.2 |
Value Added (Annual % Change) | -0.7 | 0.8 | 1.7 |
Source: World Bank - Latest available data.
Find more information about your business sector on our service International market studies.
In France, the sector of industry represents 17.1% of the GDP and 19.9% of total employment (World Bank). The pharmaceutical, aeronautical, and new information and communication technology (NICT) industries have an important place in the French industrial scene.
Any Comment About This Content? Report It to Us.
© Export Entreprises SA, All Rights Reserved.
Latest Update: February 2021