France’s Top 10 Imports

France's top 10 imports

by Flagpictures.org

French imports amounted to US$611.7 billion in 2017, down by -8.9% since 2013 but up by 9.1% from 2016 to 2017.

As of June 2018, purchases for goods imported into France were valued at $339.5 billion up 14.7% compared to the first 6 months of 2017.

French imports represent 3.8% of total global imports which totaled an estimated $16.054 trillion one year earlier during 2016.

From a continental perspective, roughly two-thirds (64.5%) of France’s total imports by value in 2017 were purchased from other European countries. Asian trade partners supplied 20.9% of import sales to France while 7.5% worth originated from North America. Imports from Africa–an often-overlooked global trade supplier–came in at 4.2%.

Given France’s population of 67.1 million people, its total $611.7 billion in 2017 imports translates to roughly $9,100 in yearly product demand from every person in the country.

France’s Top 10 Imports

Top 10

The following product groups represent the highest dollar value in France’s import purchases during 2017. Also shown is the percentage share each product category represents in terms of overall imports into France.

  1. Machinery including computers: US$81.8 billion (13.4% of total imports)
  2. Vehicles: $65.1 billion (10.6%)
  3. Mineral fuels including oil: $59.6 billion (9.7%)
  4. Electrical machinery, equipment: $54.9 billion (9%)
  5. Aircraft, spacecraft: $24.5 billion (4%)
  6. Plastics, plastic articles: $24.1 billion (3.9%)
  7. Pharmaceuticals: $23.1 billion (3.8%)
  8. Optical, technical, medical apparatus: $18.7 billion (3.1%)
  9. Organic chemicals: $15.8 billion (2.6%)
  10. Iron, steel: $12.5 billion (2%)

France’s top 10 imports accounted for nearly two-thirds (62.1%) of the overall value of its product purchases from other countries.

Leading the increases among France’s top import categories from 2016 to 2017 were: iron and steel (up 27.2%), mineral fuels including oil (up 26.6%), machinery including computers (up 19.8%) and organic chemicals (up 10.7%).

A lone top product category declined in value, namely French imports of aircraft and spacecraft via a -27.4% drop year over year.

Machinery

In 2017, French importers spent the most on the following 10 subcategories of machinery-related products:

  1. Turbo-jets: US$19.4 billion (up 81.7% from 2016)
  2. Computers, optical readers: $9.5 billion (up 13.7%)
  3. Printing machinery: $3.1 billion (down -2.2%)
  4. Taps, valves, similar appliances: $3.1 billion (up 3.4%)
  5. Piston engine parts: $2.8 billion (up 4.5%)
  6. Machinery parts: $2.6 billion (up 16.6%)
  7. Air or vacuum pumps: $2.5 billion (up 6.9%)
  8. Liquid pumps and elevators: $2.4 billion (up 6.5%)
  9. Centrifuges, filters and purifiers: $2.4 billion (up 5.5%)
  10. Refrigerators, freezers: $2.1 billion (up 10.5%)

Among these import subcategories, French purchases of turbo-jets (up 81.7%), machinery parts (up 16.6%) and computers including optical readers (up 13.7%) grew at the fastest pace from 2016 to 2017.

Printing machinery was the sole declining category via a modest -2.2% setback.

These amounts and the percentages within parenthesis clearly show where the strongest demand lies for different types of imported machinery among French businesses and consumers.

Vehicles

In 2017, French importers spent the most on the following 10 subcategories of vehicles:

  1. Cars: US$34.7 billion (up 8.8% from 2016)
  2. Automobile parts/accessories: $15.1 billion (up 13.1%)
  3. Trucks: $6.3 billion (up 9.3%)
  4. Tractors: $2.9 billion (up 1.6%)
  5. Motorcycles: $1.5 billion (up 19.8%)
  6. Trailers: $1.2 billion (up 16.8%)
  7. Public-transport vehicles: $1 billion (up 11.1%)
  8. Motorcycle parts/accessories: $809.4 million (up 13.2%)
  9. Special purpose vehicles: $436.8 million (up 30.5%)
  10. Bicycles, other non-motorized cycles: $424.9 million (up 19%)

Among these import subcategories, French purchases of special purpose vehicles (up 30.5%), motorcycles (up 19.8%) and bicycles or other non-motorized cycles (up 19%) grew at the fastest pace from 2016 to 2017.

These amounts and percentages within parenthesis clearly show where the strongest demand lies for different types of imported vehicles among French businesses and consumers.

Fuel

In 2017, French importers spent the most on the following 10 subcategories of mineral fuels-related products:

  1. Crude oil: US$23.8 billion (up 33% from 2016)
  2. Processed petroleum oils: $18.5 billion (up 20.7%)
  3. Petroleum gases: $12.7 billion (up 18.5%)
  4. Coal, solid fuels made from coal: $2.2 billion (up 81.5%)
  5. Electrical energy: $1.3 billion (up 33.8%)
  6. Petroleum oil residues: $506.5 million (up 27.4%)
  7. Coal tar oils (high temperature distillation): $221.2 million (down -14.9%)
  8. Coke, semi-coke: $151.6 million (up 70.8%)
  9. Petroleum jelly, mineral waxes: $113.8 million (up 3.8%)
  10. Peat: $82.6 million (up 4.6%)

Among these import subcategories, French purchases of coal including solid fuels made from coal (up 81.5%), coke or semi-coke (up 70.8%) and electrical energy (up 33.8%) grew at the fastest pace from 2016 to 2017.

These amounts clearly show where the strongest demand lies for different types of imported fossil fuels-related products among French businesses and consumers.

Electronics

In 2017, French importers spent the most on the following 10 subcategories of electronics-related products:

  1. Phone system devices including smartphones: US$12.9 billion (up 10.2% from 2016)
  2. Integrated circuits/microassemblies: $4.1 billion (down -9.1%)
  3. Insulated wire/cable: $4.1 billion (up 15.4%)
  4. Lower-voltage switches, fuses: $3.1 billion (up 7.9%)
  5. TV receivers/monitors/projectors: $2.8 billion (down -13.2%)
  6. Electric water heaters, hair dryers: $2.6 billion (up 4.7%)
  7. Electrical converters/power units: $2.3 billion (up 6%)
  8. Electric storage batteries: $1.9 billion (up 24.4%)
  9. Electrical/optical circuit boards, panels: $1.7 billion (up 10.5%)
  10. Unrecorded sound media: $1.7 billion (down -4.8%)

Among these import subcategories, French purchases of electric storage batteries (up 24.4%), insulated wire or cable (up 15.4%) and electrical or optical circuit boards and panels (up 10.5%) grew at the fastest pace from 2016 to 2017.

These amounts and the percentages within parenthesis clearly show where the strongest demand lies for different types of imported electronics among French businesses and consumers.



 
See also France’s Top 10 Major Export Companies, France’s Top Trading Partners and France’s Top 10 Exports

Research Sources:
International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on February 13, 2018

The World Factbook, Country Profiles, Central Intelligence Agency. Accessed on February 13, 2018

Trade Map, International Trade Centre, www.intracen.org/marketanalysis. Accessed on February 13, 2018