The Treasurer’s Guide to Trade Finance

(Martin Jones) #1

France


Principal exports
Machinery and transportation equipment,
aircraft, plastics, chemicals, pharmaceutical
products, iron and steel, and beverages.

Import/Export documentation
Within the EU: no documentation
requirements, but a commercial invoice is
typically included.
Outside the EU commercial invoice, customs
declaration, bill of lading, packing list and,
sometimes, a certificate of origin.

Licences

Imports
ƒ Import licences with quotas: items
from outside the EU that are subject to
quantitative restrictions; and items of a
strategic nature or national interest from
fellow EU member states.
ƒ Certain imports from outside the EU require
an administrative visa from the Central
Customs Administration or appropriate
ministry. These include imports from
non-ECSC (European Coal and Steel
Community) countries, which are listed
under the ECSC Treaty.

Exports
ƒ Goods/items that are subject to international
controls.
ƒ Certain prohibited exports are permitted
under a special licence.

Tariffs/Taxes

Imports
ƒ Tariffs on imports from outside the EU are
set according to the EU’s common customs
code, with higher rates for agricultural
imports.
Exports
ƒ Tariffs apply to works of art, antiques,
jewellery and precious metals.

Financing requirements for imports/
exports
ƒ None.

Prohibited items
ƒ Imports that are prohibited in accordance
with EU regulations and UN Security Council
resolutions, such as items deemed a threat
to fauna and flora and national security.
ƒ Exports that are prohibited in accordance
with EU regulations and UN Security Council
resolutions.

France imports exports

Trade information


Key trading partners

Imports by origin

Eu 58.9%
China 8.0%
USA 5.6%
Russian
Federation 2.8%
Switzerland 2.3%
Other 22.4%

Source: WTO, September 2012

Exports by destination

EU 60.9%
USA 5.6%
China 3.2%
Switzerland 3.1%
Russian
Federation 1.8%
Other 25.4%
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