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France

France ranked No. 8 in total trade value through February with a total of $15.35 billion. Exports totaled $6.13 billion and Imports totaled $9.21 billion, a deficit of $3.08 billion.

U.S. trade with France rose to $15.35 billion through February

France’s trade with the United States rose to $15.35 billion through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 23.74 percent above its total trade during the same time period last year. France’s exports increased 23.72 percent while imports rose 23.75 percent. The U.S. deficit with France was $3.08 billion.

Through February, the top five among the nation’s airports, seaports and border crossings were No. 1 John F. Kennedy International Airport; No. 2 Port of Newark; No. 3 Cincinnati/Northern Kentucky International Airport; No. 4 Chicago O’Hare International Airport; and No. 5 Hartsfield-Jackson Atlanta International Airport. During the same period the previous year, the top five were No. 1 John F. Kennedy International Airport No. 2 Port of Newark No. 3 Chicago O’Hare International Airport No. 4 Port of New Orleans and No. 5 Cincinnati/Northern Kentucky International Airport. In the current time period, the top five accounted for 39.01 percent of France’s U.S. trade.

Among those top five:

  • Trade with No. 1 John F. Kennedy International Airport rose 9.26 percent to $1.71 billion.
    Exports rose 13.46 percent to $778.56 million. Imports rose 5.97 percent to $929.22 million.
  • Trade with No. 2 Port of Newark fell 1.39 percent to $1.36 billion.
    Exports rose 30.9 percent to $121.43 million. Imports fell 3.71 percent to $1.24 billion.
  • Trade with No. 3 Cincinnati/Northern Kentucky International Airport rose 66.65 percent to $1.09 billion.
    Exports fell 15.69 percent to $272.92 million. Imports rose 147.37 percent to $816.71 million.
  • Trade with No. 4 Chicago O’Hare International Airport rose 5.35 percent to $923.12 million.
    Exports rose 12.28 percent to $414.94 million. Imports rose 0.3 percent to $508.18 million.
  • Trade with No. 5 Hartsfield-Jackson Atlanta International Airport rose 52.47 percent to $903.56 million.
    Exports rose 18.36 percent to $255.53 million. Imports rose 72.02 percent to $648.03 million.

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. 10.

Meanwhile, total U.S. trade with the world increased to $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to France by value through February were the categories of Civilian aircraft, parts; Gasoline, other fuels; Oil; Insulin, hormones and steroids; and Low value shipments, respectively. They accounted for 48.02 percent of total exports to France.

The value of the top five categories of U.S. imports from France –– Aircraft engines, engine parts; Aircraft, Spacecraft, Satellites; Value added to a returned import; Medicines in individual dosages; and Paintings, drawings and other artwork –– accounted for 45.7 percent of all inbound shipments.

Looking more closely at U.S. exports to France:

  • Civilian aircraft, parts rose 36.2 percent compared to last year to $2.15 billion.
  • Gasoline, other fuels rose 80.89 percent compared to last year to $227.43 million.
  • Oil rose 188.58 percent compared to last year to $225.52 million.
  • Insulin, hormones and steroids rose 51.67 percent compared to last year to $196.08 million.
  • Low value shipments rose 25.17 percent compared to last year to $151.36 million.

Looking more closely at U.S. imports from France:

  • Aircraft engines, engine parts rose 146.28 percent compared to last year to $1.67 billion.
  • Aircraft, Spacecraft, Satellites rose 74.43 percent compared to last year to $879.33 million.
  • Value added to a returned import rose 40.07 percent compared to last year to $793.15 million.
  • Medicines in individual dosages fell 2.74 percent compared to last year to $468.46 million.
  • Paintings, drawings and other artwork rose 30.87 percent compared to last year to $394.89 million.

In the latest annual figures available, France recorded $82.47 billion in trade with the United States. At year’s end, its were New York City; Cleveland; New Orleans; Chicago; and Atlanta/Savannah. Total U.S. exports to France were $ 33.58 billion and imports from France were $48.89 billion. The U.S. deficit with France was $15.31 billion.