Economic Relations

Economic Relations

Last updated on December 20, 2013

France and the United States share one of the world’s largest economic relationships between two countries. The United States is the number-one foreign investor in France. As of October 2013, France is the seventh-largest investor of foreign stock in the United States.

In 2012, the exchange of goods between France and the U.S. grew 12.8 percent, roughly twice as much as in 2011. The same year, over 150 job-creating investment projects were undertaken in France by American companies.

Across all sectors, more than 2,300 French companies are established in the United States, which generate more than 650,000 jobs. U.S. businesses that are active in France employ over 440,000 workers. In 2012, France was the second-largest recipient of job-creating foreign investment from the United States, attracting 13 percent of American projects in Europe.

Several French projects were launched in the United States in 2013. In April, the aviation company Airbus broke ground for a $600 million manufacturing plant in Mobile, Ala. In May, the airplane maker Dassault opened a $60 million expansion in Little Rock, Ark., making its U.S. facility the largest of all Dassault sites in the world.

Several U.S. technology companies have opened centers in France in recent years, including Amazon, Apple, Google, and Microsoft. For the last 15 years, FedEx has run its operations in Europe, the Middle East, and Africa from its base at Paris’s Charles de Gaulle Airport.

Ubifrance, the French Trade Commission in the USA, runs offices in Atlanta, Chicago, Detroit, Houston, New York City, and San Francisco.

Sources:

Economic and Trade Department, Embassy of France

French Treasury: www.tresor.economie.gouv.fr

French Ministry of Foreign Affairs

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