Evaluating the market in France

We can help you get a better understanding of market activity, relationships and support to grow your business.

Business environment in France

France is a wealthy OECD country with a strong commercial relationship with Canada. The country is one of Canada’s top trading partners and enjoys a stable, healthy and modern economy with a strong political system. EDC sees excellent business and investment potential across a wide range of sectors in the market. Priority sectors include cleantech, renewable energy, utilities, aerospace and defense, ICT, oil and gas, and automotive. France has many world-class companies and a sound banking sector. The slow pace of business investment, which has hampered economic competitiveness, is expected to strengthen going forward. France will continue facing challenging public debt dynamics, with its high public debt expected to decline gradually from an estimated 96 per cent of GDP in 2018. Canadian exports to France will continue to get a boost after the the Canada-European Union Comprehensive Economic and Trade Agreement (CETA) comes into effect. France ranks 22nd out of 137 in the World Economic Forum’s Global Competitiveness Report, making it an attractive location for investment.
  • Aerospace
  • Mining & Metals
  • Oil and Gas
  • Power
  • Renewable Energies
  • Telecom
  • Transportation Services

Interested in growing your business in this market?

Speak to a Trade Advisor weekdays between 9 am to 5 pm EST.

1-888-220-0047

Or send us a question and we'll get back to you as soon as possible. Send a question

Alicia McCarthy

Senior Trade Advisor, EDC

Alicia McCarthy  Senior Trade Advisor, EDC