In 2010, the United Kingdom remained France’s leading bilateral trade surplus for the fourth year in a row.
Strongly affected by the crisis (our exports dropped 20% in 2009), our trade continues to show a surplus (+6.3b Euros in 2010). The share of British imports from France has decreased under the pressure of the strong competition of low-cost countries. The commercial power of French companies is based primarily on major contracts (building and civil engineering works, transport and urban services). In December 2008, EDF’s buyout of British Energy was one of the biggest operations in British history and marks the importance of Franco-British cooperation in the civil nuclear sector. In the area of investments, the United Kingdom is the leading destination of French investments abroad (11% of the total), with 1,900 subsidiaries and 665,000 employees. British investments in France rank second (15.4% of the total).
Updated on 20.05.11