U.S.-French Commercial Ties
Abstract
U.S. commercial ties with France are extensive, mutually profitable, and growing. With over $ 1.2 billion in commercial transactions taking place between the two countries every day of the year, each country has an increasingly large stake in the health and openness of the other's economy. France is the 9th largest merchandise trading partner for the United States and the United States is France's largest trading partner outside the European Union. More than half of bilateral trade occurs in major industries such as aerospace, pharmaceuticals, medial and scientific equipment, electrical machinery, and plastics where both countries export and import similar products. The United States and France also have a large and growing trade in services such as tourism, education, finance, insurance and other professional services. In recent years, France has been the sixth largest market for U.S. exports of services.
Document Details
- Document Type
- Technical Report
- Publication Date
- May 19, 2008
- Accession Number
- ADA483922
Entities
People
- Raymond J. Aheam
Organizations
- Library of Congress