5th post on the Economy of France

I think for this next blog I'll write about the what makes up the trade in France and some facts that I've found throughout the internet.

As big as France's economy is, I think that their trades help them grow to that point. According to economywatch.com, France's economy plays such an important role world wide and because of its products and exports the whole world benefits from them. Needless to say, I guess it makes sense that France is the third largest trader in the European Union. When people think of France they may think of the luxurious life, high end fashion, the country of love, maybe. But I know for sure, I would have never imagined that France was incredibly abundant in their farm crops. This country has a large amount of wheat, wine, and cheese which makes it the second largest exporter in the whole world. Perhaps, this is why it seems French wine is such a must to have when one visits this country! Out of what makes up the whole European Union, France makes up 25% of the total agriculture products and includes 2.5% of the GDP under the agriculture sector. In order to continue growth the government will provide a certain amount of money in order to assist with France's GDP and later assist with trading.

France has partners in trading which consist of the United Kingdom, Germany, Italy, and Spain. Andwhen it comes to commodities they trade many items for example aircraft, transportation equipment, steel, iron, and many more.

Some statistics from the website mentioned above show some percentages on imports from different countries. It is not up to date but atleast it gives an idea of how things are over there.

In 2005, the main country that was used to export goods would have been Germany (14.7%) and for imports of 2005 would have been Germany (18.9%) also followed by Belgium (10.7%). Also some numbers I found from this website for 2005 would be the worth of the goods that were exported and imported. Imported goods were worth up to $471.36 billion with $439.22 billion for exported goods. I hope this was informative and you all were able to grab a thing or two out of it!

Oh, I searched Google images and came across this little graph. Although it represents Germany, if you look you can see how one of its closest partners is France! Sorry it was a little cut out, but atleast you can get an idea!