{"id":18166,"date":"2019-02-18T23:46:20","date_gmt":"2019-02-18T23:46:20","guid":{"rendered":"https:\/\/www.tradefinanceglobal.com\/?post_type=imports&p=18166"},"modified":"2024-08-05T12:20:05","modified_gmt":"2024-08-05T12:20:05","slug":"france","status":"publish","type":"imports","link":"https:\/\/www.tradefinanceglobal.com\/imports\/france\/","title":{"rendered":"Importing from France"},"content":{"rendered":"\n
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\n Importing from France <\/h2>\n
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Last updated on 05 Aug 2024<\/div>\n
18 Feb 2019 . 2 min read<\/div>\n <\/div>\n <\/div>\n <\/div>\n\n\n
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France Quick Links<\/h4>\n <\/div>\n
\n \n Importing from France <\/a>\n \n Exporting to France <\/a>\n \n Trade Finance \u2013 France <\/a>\n \n Invoice Finance \u2013 France <\/a>\n \n Export Credit Agency (ECA) \u2013 France <\/a>\n \n Financement des cr\u00e9ances <\/a>\n \n Financement Commercial <\/a>\n <\/div>\n<\/div><\/div>\n\n\n\n
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France Country Profile<\/h3>\n

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Official Name (Local Language) Republique Francaise
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Capital Paris<\/strong><\/p>\n

Population 66,836,154<\/strong><\/p>\n

Currency Euro<\/strong><\/p>\n

GDP $2,488 billion<\/strong><\/p>\n

Languages French<\/strong><\/p>\n

Telephone Dial In 33<\/strong><\/p>\n<\/div><\/div>\n\n\n\n

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France Exports Profile<\/h3>\n

Exports ($m USD) 523,385<\/strong><\/p>\n

Number of Export Products 4,347<\/strong><\/p>\n

Number of Export Partners 230<\/strong><\/p>\n

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France Economic Statistics<\/h2>\n\n\n\n



Government Website<\/strong><\/td>		https:\/\/www.gouvernement.fr\/en\/news<\/a><\/td><\/tr>
Sovereign Ratings<\/strong><\/td>https:\/\/countryeconomy.com\/ratings\/france
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Central Bank<\/strong><\/td>Banque de France
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Currency USD Exchange Rate<\/strong><\/td>0.9214<\/td><\/tr>
Unemployment Rate<\/strong><\/td>9.7%<\/td><\/tr>
Population below poverty line<\/strong><\/td>14%<\/td><\/tr>
Inflation Rate<\/strong><\/td>0.3%<\/td><\/tr>
Prime Lending Rate<\/strong><\/td>0<\/td><\/tr>
GDP<\/strong><\/td>$2,488 billion
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GDP Pro Capita (PPP)<\/strong><\/td>$42,400<\/td><\/tr>
Currency Name<\/strong><\/td>Euro<\/td><\/tr>
Currency Code<\/strong><\/td>EUR<\/td><\/tr>
World Bank Classification<\/strong><\/td>High Income
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Competitive Industrial Performance<\/strong><\/td>21\/138
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Corruption Perceptions Index<\/strong><\/td>23\/180
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Ease of Doing Business<\/strong><\/td>32\/190
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Enabling Trade Index<\/strong><\/td>13\/136
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\n Access trade, receivables and supply chain finance <\/h4>\n

We assist companies to access trade and receivables finance through our relationships with 270+ banks, funds and alternative finance houses.<\/p>\n \n Get Started<\/span>\n <\/a>\n<\/div><\/div>\n\n\n\n

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Importing from France<\/h2>\n\n\n\n

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In recent years, French exports to the EU, Asia and Africa have increased, while exports to the Middle East, the US, Switzerland, and Turkey have fallen. France is the world\u2019s largest producer of agricultural products and services, the eight largest exporter in the world, and the seventh largest economy (in terms of GDP) in the world. The top annual French exports are: planes and helicopters ($50 billion), packaged medicines ($28 billion), cars ($22 billion) and vehicle parts ($16 billion).<\/p>\n\n\n\n

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Importing from France : What is trade finance?<\/h2>\n\n\n\n

Trade finance is a revolving facility in which lenders offer financing options \u2013 it enables businesses to purchase products and can help ease the pressure from working capital issues.<\/p>\n\n\n\n

Generally, an export finance bank will fund up to 100% of the cost of the products, including charges (e.g. insurance costs).<\/p>\n\n\n\n

Trade finance offers upsides over more traditional bank financing, for example bridging mortgages or loans. Trade finance provides quick funding without affecting existing bank relationships.<\/p>\n\n\n\n

How does it work?<\/strong><\/p>\n\n\n\n

If you\u2019re a business importing or exporting goods around the world, then a trade finance facility would assist your company through offering a letter of credit (LC) or some form of cash advance.<\/p>\n\n\n\n

I\u2019m looking to import from France, how can Trade Finance Global help, and how does it work?<\/strong><\/p>\n\n\n\n

If you\u2019re looking to import inventory from other countries, you may require import finance, which is an agreement between yourself (the importer) and the foreign exporter. A non-bank lender will act as the intermediary, paying the foreign exporter on your behalf until you get the products and have then sold them to your buyer. Repaying the financier then occurs over an agreed period of time.<\/p>\n\n\n\n

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Chart Showing GDP Growth Compared to rest of world<\/h2>\n\n\n
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