France and the United States: 2020 Economic Report

France and the United States: 2020 Economic Report

France and the United States have deep economic ties that are mutually beneficial. These trade and investment flows support growth, jobs and innovation in both countries.

France and the U.S. traded over $139 billion in goods and services in 2019, up 7.7% over a year and up 36% over ten years.

Through their investment, French companies employ close to 780,000 people in the U.S. Similarly, American companies employ half a million people in France.


French affiliated firms invest over $5.4 billion in R&D annually. The U.S. is France’s #1 source of foreign R&D overall.

Click here to download the full 2020 France-U.S. Economic Report (56 mb).

Click here to download a compressed version of the report (13 mb)

The information provided on this page is non-exhaustive and based on publicly available data, mainly from the U.S. Census Bureau and the U.S. Bureau for Economic Analysis, as well as publicly available corporate data. Sources and methodological details are available at the end of the full report.

To report any inaccuracy or for questions or comments regarding France’s economic footprint in the U.S., please contact

Read last year’s (2019) edition of the report