FRANCE

The economy of France is highly developed and free-market-oriented. It is the world's seventh-largest economy by 2020. it is the 3rd largest economy of Europe, after the economy of Germany and the United Kingdom. France has a diversified economy that is dominated by the service sector which contribute 79% in the France GDP. France GDP estimate for 2019-20 is $2.6 trillion and it is showing growth by 6% in 2021. France is also members of Trade organisations EU, WTO and OECD. Agriculture sector contribution in GDP is up to 1.7%. In 2019 France was the number 7 economy in the world in terms of GDP, the number 5 in total exports, the number 6 in total imports, the number 26 economy in terms of GDP per capita and the number 16 most complex economy according to the Economic Complexity Index (ECI). In 2019 France imported $643B, making it the number 6 trade destination in the world in which most importing from European countries. The top imports of France are Cars ($39.5B), Crude Petroleum ($21.6B), Refined Petroleum ($19.9B), Packaged Medicaments ($16.2B), and Aircraft Parts ($15.7B), importing mostly from Germany ($115B), Belgium ($55.6B), Italy ($54.9B), Spain ($47.4B), and China ($45.2B). In 2019, France was the world's biggest importer of Butter($989M), Glands and Other Organs ($986M), Nuclear Reactors($423M), Other Metal Fasteners ($371M), Agglomerated Cork($179M)