France is the 5th largest economy in the world. It is one of the global leaders in the automotive, aerospace and railway industry as well as in cosmetics and luxury goods. France is also the most visited country in the world, with tourism being an important sector of the economy.
What is more, France is the 2nd largest exporter in Europe, its major exports being machinery, transportation equipment, aerospace equipment and plastics. The country's main imports include machinery, automobiles and crude oil.
France exports a large variety of products and services. The French government provides significant subsidies to the farm sector, making France one of the world’s largest exporters of agricultural products in Europe, famous for its wines and cheeses.
The primary destination for French exports are European countries, Germany being France's main economic partner, accounting for more than 17% of the country's exports and 19% of total imports. Only about 1/3 of all French exports go to non-European countries, situation that can change to the better due to the process of globalization and growth of the e-commerce.
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