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	<title>France.comFrance.com &#187; Categories Archives for  The French Economy</title>
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		<title>Foreign Trade</title>
		<link>http://www.france.com/blog/foreign-trade/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=foreign-trade</link>
		<comments>http://www.france.com/blog/foreign-trade/#comments</comments>
		<pubDate>Thu, 15 Dec 2011 14:41:21 +0000</pubDate>
		<dc:creator>France.com</dc:creator>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[The French Economy]]></category>

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		<description><![CDATA[France is the world's second largest exporter of services and farm products and fourth largest exporter of goods...]]></description>
				<content:encoded><![CDATA[<div class="blogdesc">
<p><font face=Verdana size=2>&lt;!&#8211;^~^65|right|^~^&#8211;&gt;France is the world&#8217;s second largest exporter of services and farm products and fourth largest exporter of goods (principally durables); it had a trade surplus of 104.5 billion francs ($20.9 billion) in 1995. French exports stood at 1,427 billion francs ($285.4 billion) in 1995, 22% of GDP. Imports amounted to 1,322 billion francs ($264.4 billion). These figures show a sharp increase in the surplus in durable goods (over 58 billion francs, $11.6 billion), a 20 billion-franc surplus ($4 billion) in farm products, a surplus of 31 billion francs ($6.2 billion) in agri-foodstuffs, a declining energy bill and a rise of 19% in electricity exports. France&#8217;s European Union partners absorb 64% of its trade. The country had a trade surplus of 27 billion francs ($5.4 billion) with the EU in 1995. France&#8217;s main customers are Germany, Italy, the United Kingdom, Belgium and Spain, along with the United States.</font><font face=Arial> </font></p>
<hr />
<p><font size=2><strong>Also see</strong>:</font></p>
<p><font size=2><a href="http://1.0.france.com/docs/53.html" target=_parent>Introduction</a></font></p>
<p><font size=2><a href="http://1.0.france.com/docs/52.html" target=_parent>Agriculture</a></font></p>
<p><font size=2><a href="http://1.0.france.com/docs/51.html" target=_parent>Industry</a></font></p>
<p><font size=2><a href="http://1.0.france.com/docs/50.html" target=_parent>Research &amp; Development</a></font></p>
<p><font size=2><a href="http://1.0.france.com/docs/49.html" target=_parent>Transportation</a></font></p>
<p><font size=2><a href="http://1.0.france.com/docs/48.html" target=_parent>Services</a></font></p>
</div>
]]></content:encoded>
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		</item>
		<item>
		<title>Services</title>
		<link>http://www.france.com/blog/services-2/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=services-2</link>
		<comments>http://www.france.com/blog/services-2/#comments</comments>
		<pubDate>Thu, 15 Dec 2011 14:41:21 +0000</pubDate>
		<dc:creator>France.com</dc:creator>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[The French Economy]]></category>

		<guid isPermaLink="false">http://blog.france.com/blog/services/</guid>
		<description><![CDATA[&#60;!&#8211;^~^66&#124;right&#124;^~^&#8211;&#62;SERVICE SECTOR Financial services Market capitalization of shares listed on the Paris stock exchange totals 2,400 billion francs ($480 billion), 31.5% of French GDP, ranking Paris fifth in the world. Four French banks are among the world&#8217;s top 25: CrÃˆdit Agricole (8th), Compagnie FinanciÃ‹re Paribas (20th), Groupe Caisses d&#8217;Epargne (21st) and Banque Nationale de Paris [...]]]></description>
				<content:encoded><![CDATA[<div class="blogdesc">
<p><font face=Verdana size=2>&lt;!&#8211;^~^66|right|^~^&#8211;&gt;</font><font face=Verdana><font size=2><strong>SERVICE SECTOR</p>
<p>Financial services</strong> <br />Market capitalization of shares listed on the Paris stock exchange totals 2,400 billion francs ($480 billion), 31.5% of French GDP, ranking Paris fifth in the world. </p>
<p>Four French banks are among the world&#8217;s top 25: CrÃˆdit Agricole (8th), Compagnie FinanciÃ‹re Paribas (20th), Groupe Caisses d&#8217;Epargne (21st) and Banque Nationale de Paris (22nd). </p>
<p><b>Insurance</b> <br />The French insurance sector has consolidated its position as the fifth largest in the world. The life and health classes of insurance are continuing to grow, with 447 billion francs ($89.4 billion) in premium income. </p>
<p>Business in property insurance (including third party liability) is picking up (premiums of 218.5 billion francs, $43.7 billion). The insurance sector provides 197,200 jobs in France.</p>
<p><b>Tourism</b> <br />Around 60.5 million foreign tourists visit France each year. France has 17.3 million tourist beds, including 1.2 million in over 40,000 hotels and some 16.1 million in rural gites, camp sites, youth hostels, etc.. This activity generates 900,000 jobs. The trade surplus in this sector rose to 57 billion francs in 1995 ($11.4 billion).</font></font></p>
<hr />
<p><font size=2><strong>Also see</strong>:</font></p>
<p><font size=2><a href="http://1.0.france.com/docs/53.html" target=_parent>Introduction</a></font></p>
<p><font size=2><a href="http://1.0.france.com/docs/52.html" target=_parent>Agriculture</a></font></p>
<p><font size=2><a href="http://1.0.france.com/docs/51.html" target=_parent>Industry</a></font></p>
<p><font size=2><a href="http://1.0.france.com/docs/50.html" target=_parent>Research &amp; Development</a></font></p>
<p><font size=2><a href="http://1.0.france.com/docs/49.html" target=_parent>Transportation</a></font></p>
<p><font size=2><a href="http://1.0.france.com/docs/47.html" target=_parent>Foreign Trade</a></font></p>
</div>
]]></content:encoded>
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		</item>
		<item>
		<title>Transportation</title>
		<link>http://www.france.com/blog/transportation-2/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=transportation-2</link>
		<comments>http://www.france.com/blog/transportation-2/#comments</comments>
		<pubDate>Thu, 15 Dec 2011 14:41:21 +0000</pubDate>
		<dc:creator>France.com</dc:creator>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[The French Economy]]></category>

		<guid isPermaLink="false">http://blog.france.com/blog/transportation/</guid>
		<description><![CDATA[&#60;!&#8211;^~^67&#124;right&#124;^~^&#8211;&#62; Road network Densest in the world, longest in the EU with a total of 964,356 km of local, secondary and main roads and motorways, including 7,396 km of motorways (second in Europe). Rail network On 1 January 1996, the SNCF (National Railroad Company) was responsible for 31,940 km of track. France holds the world [...]]]></description>
				<content:encoded><![CDATA[<div class="blogdesc">
<p><font face=Verdana size=2>&lt;!&#8211;^~^67|right|^~^&#8211;&gt;</p>
<p> <strong>Road network</strong> Densest in the world, longest in the EU with a total of 964,356 km of local, secondary and main roads and motorways, including 7,396 km of motorways (second in Europe).</p>
<p><b>Rail network</b> On 1 January 1996, the </font><a href="http://www.sncf.fr/"><font face=Verdana size=2>SNCF</font></a><font face=Verdana size=2> (National Railroad Company) was responsible for 31,940 km of track. France holds the world speed record (515 km/h) with its high-speed train (TGV), which runs on 1,268 kilometres of special track. <i>Annual capacity:</i> 55.5 billion passenger/km (first in Europe excluding the CIS) and 48.9 billion tonnes of freight/km (second in Europe excluding the CIS).</p>
<p><b>Aviation</b> Each year 98.7 million passengers and 1.4 billion tonnes of freight are carried; 904 aircraft (planes and helicopters) fly under the French flag. <i>Paris airports:</i> 558,000 annual aircraft movements (1995), 55.1 million passengers (seventh in the world) and 1.2 million tonnes of freight and mail.</p>
<p><b>Merchant fleet</b> Annually 208 ships (total tonnage of 4.3 million) transport 91.5 million tonnes of freight. France&#8217;s fleet ranks 25th in the world in tonnage. Marseille is the largest port in France and on the Mediterranean and the third largest in Europe.</font></p>
<hr />
<p><font size=2><strong>Also see</strong>:</font></p>
<p><font size=2><a href="http://1.0.france.com/docs/53.html" target=_parent>Introduction</a></font></p>
<p><font size=2><a href="http://1.0.france.com/docs/52.html" target=_parent>Agriculture</a></font></p>
<p><font size=2><a href="http://1.0.france.com/docs/51.html" target=_parent>Industry</a></font></p>
<p><font size=2><a href="http://1.0.france.com/docs/50.html" target=_parent>Research &amp; Development</a></font></p>
<p><font size=2><a href="http://1.0.france.com/docs/48.html" target=_parent>Services</a></font></p>
<p><font size=2><a href="http://1.0.france.com/docs/47.html" target=_parent>Foreign Trade</a></font></p>
</div>
]]></content:encoded>
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		</item>
		<item>
		<title>Research &amp; Development</title>
		<link>http://www.france.com/blog/research-development/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=research-development</link>
		<comments>http://www.france.com/blog/research-development/#comments</comments>
		<pubDate>Thu, 15 Dec 2011 14:41:21 +0000</pubDate>
		<dc:creator>France.com</dc:creator>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[The French Economy]]></category>

		<guid isPermaLink="false">http://blog.france.com/blog/research-development/</guid>
		<description><![CDATA[&#60;!&#8211;^~^70&#124;right&#124;^~^&#8211;&#62;National R &#38; D expenditure amounts to 190 billion francs ($38 billion) i.e. 2.5% of GDP. The public sector finances 51% of it and is responsible for operating (building maintenance, salaries, laboratory equipment) the major national research centres, which include the CNRS (all fields), INSERM (medicine), INRA (agronomy), etc.. Privately-financed research focuses on advanced technology [...]]]></description>
				<content:encoded><![CDATA[<div class="blogdesc">
<p><font face=Arial><font face=Verdana size=2>&lt;!&#8211;^~^70|right|^~^&#8211;&gt;National R &amp; D expenditure amounts to 190 billion francs ($38 billion) i.e. 2.5% of GDP. </p>
<p>The public sector finances 51% of it and is responsible for operating (building maintenance, salaries, laboratory equipment) the major national research centres, which include the CNRS (all fields), INSERM (medicine), INRA (agronomy), etc.. </p>
<p>Privately-financed research focuses on advanced technology sectors such as electronics, aeronautical engineering, chemicals, pharmaceuticals and automobile construction.</p>
<p>France ranks fourth among OECD countries for research, after Japan, Germany and the United States.</font> </font></p>
<hr />
<p><font size=2><strong>Also see</strong>:</font></p>
<p><font size=2><a href="http://1.0.france.com/docs/53.html" target=_parent>Introduction</a></font></p>
<p><font size=2><a href="http://1.0.france.com/docs/52.html" target=_parent>Agriculture</a></font></p>
<p><font size=2><a href="http://1.0.france.com/docs/51.html" target=_parent>Industry</a></font></p>
<p><font size=2><a href="http://1.0.france.com/docs/49.html" target=_parent>Transportation</a></font></p>
<p><font size=2><a href="http://1.0.france.com/docs/48.html" target=_parent>Services</a></font></p>
<p><font size=2><a href="http://1.0.france.com/docs/47.html" target=_parent>Foreign Trade</a></font></p>
</p>
</div>
]]></content:encoded>
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		<title>Industry</title>
		<link>http://www.france.com/blog/industry-2/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=industry-2</link>
		<comments>http://www.france.com/blog/industry-2/#comments</comments>
		<pubDate>Thu, 15 Dec 2011 14:41:21 +0000</pubDate>
		<dc:creator>France.com</dc:creator>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[The French Economy]]></category>

		<guid isPermaLink="false">http://blog.france.com/blog/industry/</guid>
		<description><![CDATA[&#60;!&#8211;^~^69&#124;right&#124;^~^&#8211;&#62;Leading industrial sectors in France : Construction and civil engineering. Annual production : 797 billion francs ($159.4 billion). Four French groups (Bouygues, SGE, Eiffage and GTM-Entrepose) rank among the top ten in European construction, with an annual turnover of 158 billion francs ($31.6 billion). Agri-foodstuffs. Annual turnover: 637 billion francs ($127.8 billion). Leading sectors: meat [...]]]></description>
				<content:encoded><![CDATA[<div class="blogdesc">
<p><font face=Verdana size=2>&lt;!&#8211;^~^69|right|^~^&#8211;&gt;Leading industrial sectors in France : </font></p>
<ul>
<li><font face=Verdana><font size=2><b>Construction and civil engineering.</b> Annual production : 797 billion francs ($159.4 billion). Four French groups (Bouygues, SGE, Eiffage and GTM-Entrepose) rank among the top ten in European construction, with an annual turnover of 158 billion francs ($31.6 billion). </p>
<p></font></font>
<li><font face=Verdana><font size=2><b>Agri-foodstuffs.</b> Annual turnover: 637 billion francs ($127.8 billion). Leading sectors: meat and dairy production, cereals, confectionery, soft and alcoholic beverages. Leading exporter and second-ranked producer in the EU. </p>
<p></font></font>
<li><font face=Verdana><font size=2><b>Chemicals, rubber and plastics.</b> Annual turnover: 348 billion francs ($69.6 billion), fourth world exporter. </p>
<p></font></font>
<li><font face=Verdana><font size=2><b>Parachemicals, pharmaceuticals.</b> Annual turnover: 234 billion francs ($46.8 billion), third-ranked world exporter. </p>
<p></font></font>
<li><font face=Verdana><font size=2><b>Automobile industry.</b> France is the world&#8217;s third largest exporter of cars. Renault and PSA (Peugeot-CitroÃŽn) are respectively the tenth and 12th largest groups in the automobile sector worldwide. Some 3,558,400 vehicles were produced in 1994. </p>
<p></font></font>
<li><font face=Verdana><font size=2><b>Metallurgy, metals processing.</b> Annual turnover: 251 billion francs ($50.2 billion) </p>
<p></font></font>
<li><font face=Verdana><font size=2><b>Telecommunications and postal services.</b> Annual turnover: 205 billion francs ($41 billion). The French telephone network, over 95% digitized, is one of the most modern in the world. </p>
<p></font></font>
<li><font face=Verdana><font size=2><b>Shipbuilding, aircraft and railway industries.</b> Annual turnover: 116 billion francs ($23.2 billion); 44.5% of production is exported. </font></font></li>
</ul>
<hr />
<p><font size=2><strong>Also see</strong>:</font></p>
<p><font size=2><a href="http://1.0.france.com/docs/53.html" target=_parent>Introduction</a></font></p>
<p><font size=2><a href="http://1.0.france.com/docs/52.html" target=_parent>Agriculture</a></font></p>
<p><font size=2><a href="http://1.0.france.com/docs/50.html" target=_parent>Research &amp; Development</a></font></p>
<p><font size=2><a href="http://1.0.france.com/docs/49.html" target=_parent>Transportation</a></font></p>
<p><font size=2><a href="http://1.0.france.com/docs/48.html" target=_parent>Services</a></font></p>
<p><font size=2><a href="http://1.0.france.com/docs/47.html" target=_parent>Foreign Trade</a></font></p>
</div>
]]></content:encoded>
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		<item>
		<title>Agriculture</title>
		<link>http://www.france.com/blog/agriculture-2/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=agriculture-2</link>
		<comments>http://www.france.com/blog/agriculture-2/#comments</comments>
		<pubDate>Thu, 15 Dec 2011 14:41:21 +0000</pubDate>
		<dc:creator>France.com</dc:creator>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[The French Economy]]></category>

		<guid isPermaLink="false">http://blog.france.com/blog/agriculture/</guid>
		<description><![CDATA[&#60;!&#8211;^~^68&#124;right&#124;^~^&#8211;&#62;Farms: 730,000Farmers/farm workers: 910,000Utilized agricultural area: 30,139,000 hectares Principal agricultural products in France: Sugar beet: 1st in the EU, 2nd in the world (29 million tonnes) Wine: 2nd in the world, 2nd in the EU (5.3 million tonnes) Milk: 2nd in the EU, 5th in the world (23.3 million tonnes) Beef and veal: 1st in [...]]]></description>
				<content:encoded><![CDATA[<div class="blogdesc"><font face=Verdana size=2>&lt;!&#8211;^~^68|right|^~^&#8211;&gt;Farms: 730,000<br />Farmers/farm workers: 910,000<br />Utilized agricultural area: 30,139,000 hectares </font>
<p><font face=Verdana><font size=2><b>Principal agricultural products in France:</b><br /></font></font>
<ul>
<li><font face=Verdana><font size=2><b>Sugar beet:</b> 1st in the EU, 2nd in the world (29 million tonnes) </font></font>
<li><font face=Verdana><font size=2><b>Wine:</b> 2nd in the world, 2nd in the EU (5.3 million tonnes) </font></font>
<li><font face=Verdana><font size=2><b>Milk:</b> 2nd in the EU, 5th in the world (23.3 million tonnes) </font></font>
<li><font face=Verdana><font size=2><b>Beef and veal:</b> 1st in the EU, 6th in the world (1,815,000 tonnes) </font></font>
<li><font face=Verdana><font size=2><b>Cereals:</b> 1st in the EU (53.4 million tonnes, including 30 million tonnes of soft wheat, 8th in the world, and 12.5 million tonnes of grain maize) </font></font>
<li><font face=Verdana><font size=2><b>Oilseeds:</b> 1st in the EU (4.1 million tonnes) </font></font></li>
</ul>
<p><font face=Verdana><font size=2><b>Forests</b><br />Woods and forests cover some 15 million hectares, 26% of France&#8217;s total area, placing France third in the EU countries in terms of forest area, behind Sweden and Finland. Forest area in France has increased by 35% since 1945 and continues to grow by about 30,000 hectares each year. Most trees are deciduous (2/3), while the remaining third consists of conifers. The </font></font><a href="http://www.onf.fr/"><font face=Verdana size=2>National Forestry Office</font></a><font face=Verdana size=2> (<i>Office national des ForÃts -ONF</i>) is responsible for managing national forests (1,750,000 hectares) and those belonging to local authorities (2,850,000 hectares). The remaining 10,500,000 hectares belong to some 3,800,000 private owners. Forests in France are a source of biological and scenic wealth, a place for excursions and relaxation; they also yield an annual harvest of 55 million cubic metres of timber. </font>
<p><font face=Verdana size=2>For more information, check out the </font><a href="http://www.agriculture.gouv.fr/"><font face=Verdana size=2>Agriculture Department</font></a><font face=Verdana size=2> </font></p>
<hr />
<p><font size=2><strong>Also see</strong>:</font></p>
<p><font size=2><a href="http://1.0.france.com/docs/53.html" target=_parent>Introduction</a></font></p>
<p><font size=2><a href="http://1.0.france.com/docs/51.html" target=_parent>Industry</a></font></p>
<p><font size=2><a href="http://1.0.france.com/docs/50.html" target=_parent>Research &amp; Development</a></font></p>
<p><font size=2><a href="http://1.0.france.com/docs/49.html" target=_parent>Transportation</a></font></p>
<p><font size=2><a href="http://1.0.france.com/docs/48.html" target=_parent>Services</a></font></p>
<p><font size=2><a href="http://1.0.france.com/docs/47.html" target=_parent>Foreign Trade</a></font></p>
</div>
]]></content:encoded>
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		</item>
		<item>
		<title>Introduction</title>
		<link>http://www.france.com/blog/introduction-5/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=introduction-5</link>
		<comments>http://www.france.com/blog/introduction-5/#comments</comments>
		<pubDate>Thu, 15 Dec 2011 14:41:21 +0000</pubDate>
		<dc:creator>France.com</dc:creator>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[The French Economy]]></category>

		<guid isPermaLink="false">http://blog.france.com/blog/introduction/</guid>
		<description><![CDATA[France is nonetheless extremely diverse: it concentrates a wealth of scenery, regional identities each with their own particular joie de vivre defined by cultural and historic differences. ]]></description>
				<content:encoded><![CDATA[<div class="blogdesc"><font face=Verdana size=2>&lt;!&#8211;^~^24|left|^~^&#8211;&gt;Not large by North American standards (about the size of the state of Texas), France is nonetheless extremely diverse: it concentrates a wealth of scenery, regional identities each with their own particular <i>joie de vivre</i> defined by cultural and historic differences. </font>
<p><font face=Verdana size=2>Through the years, France&#8217;s stamp on western civilization has left an indelible mark in many domains and French <i>savoir-faire</i> remains a reference in the arts, politics, gastronomy, fashion and science. </font>
<p><font face=Verdana size=2>Since World War II, French society has undergone great transformations. Whereas one person in 3 used to work in farming, today this ratio stands at 1 in 16. Concurently, religious practice (mostly Catholic) declined almost at the same rate. </font>
<p><font face=Verdana size=2>This new age ushered in such changes in social habits as the wider acceptance of the practice of unmarried couples living together and the legalization of abortion. After the students took to the streets in infamous May 1968, conditions for women have tremendously improved and many social structures became less constructing for everyone.</font> </p>
<p>
<p>
<hr />
</p>
<p>
<p><font face=Verdana size=2><strong>Also See</strong>:</font></p>
<p>
<p><font face=Verdana size=2><a href="http://1.0.france.com/docs/20.html" target=_self>Social Customs</a></font></p>
<p>
<p><font face=Verdana size=2><a href="http://1.0.france.com/docs/21.html" target=_self>Modern Politics</a></font></p>
<p>
<p><font face=Verdana size=2><a href="http://1.0.france.com/docs/22.html" target=_self>Modern Life</a></font></p>
<p>
<p><font face=Verdana size=2><a href="http://1.0.france.com/docs/23.html" target=_self>France in Figures</a></font></p>
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