Top Trading Partners
Total Trade: $82.47 billion
|1||New York City||$18,963,299,961|
January – December 2017
Top U.S. Trading Partners
Total U.S. trade: $3.89 trillion
France’s trade rose to $82.47 billion through December
France’s trade with the United States rose 6.13 percent, from $77.71 billion to $82.47 billion when compared to the same period the previous year, according to a WorldCity analysis of latest U.S. Census Bureau data. U.S. exports to France increased 8.53 percent while imports from France rose 4.54 percent. The U.S. deficit with France was $15.31 billion.
France ranked No. 8 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 9. France’s top U.S. Customs districts for total imports and exports were No. 1 New York City, No. 2 Cleveland, No. 3 New Orleans, No. 4 Chicago and No. 5 Atlanta/Savannah compared to the last year when the top spots were held by No. 1 New York City, No. 2 Cleveland, No. 3 New Orleans, No. 4 Chicago and No. 5 Atlanta/Savannah. In the current time period, the top five accounted for 56.27 percent of France’s U.S. trade. That compares to 57.32 percent for the nation’s top five Customs districts during the same time period in the previous year.
Taking a closer look:
- Trade with No. 1 New York City fell 1.68 percent to $18.96 billion.
Exports fell 7.05 percent to $6.38 billion. Imports rose 1.29 percent to $12.58 billion.
- Trade with No. 2 Cleveland rose 2.82 percent to $8.97 billion.
Exports rose 17.99 percent to $3.99 billion. Imports fell 6.77 percent to $4.99 billion.
- Trade with No. 3 New Orleans rose 3.82 percent to $6.79 billion.
Exports rose 5 percent to $3.06 billion. Imports rose 2.87 percent to $3.72 billion.
- Trade with No. 4 Chicago rose 21.77 percent to $6.56 billion.
Exports rose 9.69 percent to $3.05 billion. Imports rose 34.65 percent to $3.51 billion.
- Trade with No. 5 Atlanta/Savannah rose 11.28 percent to $5.13 billion.
Exports fell 5.3 percent to $2.04 billion. Imports rose 25.79 percent to $3.09 billion.
Through December, 11 Customs districts posted trade surpluses with France while 35 had deficits. That compares with 11 surpluses and 35 deficits for the same period one year ago. The top surplus was with Port Arthur, Texas at $613.22 million, the largest deficit was with New York City at $6.2 billion.
Top Exports to France
Total YTD: $33.58 billion
|1||Civilian aircraft, parts||$11,764,148,233|
|2||Gasoline, other fuels||$1,490,286,547|
|4||Low value shipments||$779,479,916|
|5||Medicines in individual dosages||$746,414,892|
|6||Paintings, drawings and other artwork||$707,570,145|
|8||Insulin, hormones and steroids||$559,536,211|
|9||Medical instruments for surgeons, dentists, vets||$480,285,929|
|10||Cell phones, related equipment||$433,904,088|
January – December 2017
Top Imports from France
Total YTD: $48.89 billion
|1||Aircraft engines, engine parts||$5,347,058,363|
|3||Exports returned, without change||$3,551,467,111|
|4||Rum, gin, vodka, other liquors||$2,248,730,973|
|5||Medicines in individual dosages||$2,227,375,090|
|6||Paintings, drawings and other artwork||$2,002,063,760|
Meanwhile, total U.S. trade with the world increased to $3.89 trillion, up 6.77 percent compared to the same period last year. The nation’s exports climbed 6.4 percent to $1.55 trillion; imports climbed 7.02 percent to $2.34 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $796.17 billion, up compared to the same period of last year when the deficit was $735.46 billion.
The top five U.S. exports to France, by value through December were the categories of Civilian aircraft, parts; Gasoline, other fuels; Aircraft; Low value shipments; and Medicines in individual dosages, respectively. They accounted for 46.61 percent of total exports to France.
The value of the top five categories of U.S. imports from France –– Aircraft engines, engine parts; Aircraft; Exports returned, without change; Rum, gin, vodka, other liquors; and Medicines in individual dosages –– accounted for 37.44 percent of all inbound shipments.
Looking more closely at U.S. exports to France:
- Civilian aircraft, parts rose 7.93 percent compared to last year to $11.76 billion.
- Gasoline, other fuels rose 0.24 percent compared to last year to $1.49 billion.
- Aircraft rose 358.42 percent compared to last year to $870.99 million.
- Low value shipments rose 8.1 percent compared to last year to $779.48 million.
- Medicines in individual dosages rose 54.79 percent compared to last year to $746.41 million.
Looking more closely at U.S. imports from France:
- Aircraft engines, engine parts rose 5.04 percent compared to last year to $5.35 billion.
- Aircraft rose 15.66 percent compared to last year to $4.93 billion.
- Exports returned, without change fell 2.11 percent compared to last year to $3.55 billion.
- Rum, gin, vodka, other liquors fell 1.08 percent compared to last year to $2.25 billion.
- Medicines in individual dosages fell 7.74 percent compared to last year to $2.23 billion.
In the latest annual figures available, France recorded $77.71 billion in trade with the United States. At year’s end, its top five Customs districts were New York City; Cleveland; New Orleans; Chicago; and Atlanta/Savannah. Total U.S. exports to France were $ 30.94 billion and imports from France were $46.76 billion. The U.S. deficit with France was $15.82 billion.