Rubber and plastics capital goods chemicals perfumes

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Rubber and plastics Capital goods Chemicals, perfumes, cosmetics Metal products Food (including beverages) Pharmaceuticals Textiles, clothing Agricultural products Wood and paper products Petroleum, natural gas, mining Petroleum products Miscellaneous Other manufactured goods 35% 23% 16% 19% 15% 11% 20% 8% 11% 7% 18% 5% 10% 4% 9% 3% 10% 2% 11% 2% 18% 2% 14% 1% 6% 1% 8% 0% Germany's share of total French exports in the sector Sector's share of all French exports to Germany Source: French Customs Authorities, gross figures, FOB, excluding military equipment FIG. 2 Sector-by-sector breakdown of French exports to Germany (2016) MAIN EXPORT DESTINATIONS FOR GERMAN SUBSIDIARIES ESTABLISHED IN FRANCE (2015) Destination country Share of exports Germany 31% Spain 9% Italy 7% United Kingdom 6% United States 5% Source: French Customs Authorities; French Treasury Directorate calculations 2016 ANNUAL REPORT - BUSINESS FRANCE / 187
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ITALY FRENCH EXPORTS TO ITALY In 2016, 34,200 companies exported to Italy from France. The value of their exports was €32.5 billion (7.3% of all French exports). Against a backdrop of moderate growth in the Italian market (+0.8% in 2016), French exports to Italy (+1.4%) grew at a faster rate than French exports in general. Italy was France’s fourth largest customer in 2016, just after the United States, receiving 12% of French exports to European Union countries. France’s export market share in Italy was 8.7% in 2015, significantly higher than its share in global goods exports (3.1%). 1 Italian statistics ranked France as Italy’s second largest supplier in 2015, after Germany. [Fig. 1] SECTOR-BY-SECTOR BREAKDOWN OF FRENCH EXPORTS TO ITALY The capital goods sector (16%) was the chief source of French exports to Italy in 2016, followed by transport equipment (15%), chemicals and perfumes (14%), and food (10%). French exports to Italy were boosted by growing sales of transport equipment (+23.4%), pharmaceuticals (+8%), and textiles and clothing (+8%). Conversely, exports of chemicals (-2.3%) and food (-1.8%) fell once again. Italy stood out as the main export outlet for the French agricultural sector (which sold 14% of its exports to Italian customers) and the textiles industry (12%). It was also the second largest foreign buyer of French chemical and metal products in 2016. [Fig. 2] FRENCH EXPORTS (2016) 34,204 French companies exported to Italy €32.5 billion in French goods exports to Italy +1.4% growth in French exports to Italy 7.3% of all French exports Fourth largest customer for French exports FRENCH IMPORTS (2016) €38.4 billion in Italian goods imports to France +1.4% growth in Italian imports to France 7.4% of all French imports Third largest supplier of French imports CONTRIBUTION OF ITALIAN SUBSIDIARIES IN FRANCE 551 Italian exporting companies in France (2015) 15% average export ratio of Italian exporting companies in France (export turnover as a proportion of total turnover) Value of French exports to Italy 2007 0 5 10 15 20 25 30 50 45 40 35 2008 2009 2010 2011 2012 2013 2014 2015 2016 32.5 36.4 36.0 28.5 31.6 34.2 32.1 30.4 31.0 32.0 Source: French Customs Authorities, gross estimates, FOB, excluding military equipment FIG. 1 French exports to Italy (€ billion; percentage of total French exports) 1
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