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France and the United States, in addition to their strong relationship at the political level, 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 $129 billion in goods and services in 2018, up 7.9 % from 2017.
There are $326.4 billion of French FDI stock in the United States, making France the 6th largest foreign investor. The U.S. is France’s #1 source of foreign investment with $86.9 billion FDI stock.
Through their investment, French companies now employ close to 730,000 people in the U.S., making France the 3rd largest foreign source of employment in the U.S. 213,300 of those jobs are in the manufacturing sector. Similarly, American companies employ half a million people in France.
French affiliated firms invest over $ 5 billion in R&D annually. France is the U.S. #1 source of R&D in electronics and IT, while the U.S. is France’s #1 source of foreign R&D overall.
The information provided on this page is non-exhaustive and based on publically available data, mainly from the U.S. Census Bureau and the U.S. Bureau for Economic Analysis, as well as publically available corporate data. Sources and methodological details are available at the end of the full report.
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