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On Monday, July 30, the French Minister of Economy and Finance, Bruno Le Méri, will visit our country
In his program, there are contacts at the Chamber of Commerce and Trade. 39, Athens industry to meet with leaders of Greek and French companies and discuss with them the strengthening of economic cooperation between the two countries
According to the latest quarterly newsletter of the Office of Finance and Trade Affairs of our Embbady In Paris, Greece ranks 53rd among the countries of destination of the French Foreign Direct Investment (FDI) in 2017, with a flow of 38 million. and a share of 0.07%, and the 18th place among the countries of origin of FDI in France for 2017, with an investment of 292 million euros and a share of 0.66% (The bank French central did not release data for the corresponding year 2016)
With regard to the economic activity sectors led by French FDI abroad in 2017, the Most important share of 28.6% was oriented towards financial services and insurance with an outflow of 14.8 billion euros
Fifty-second most active areas of activity popular to attract FDI are science and technology with outlays of 8.7 billion euros and a share of 17%
Here are the sectors of the industry manufacturing with French FDI of 6.9 billion euros (share of 13.5%), FDI of 5 billion euros (share 10%) and FDI 4.7 billion d & # 39 euros and a share of e 9.2%.
For sectors of economic activity to which FDI is destined in France, nearly half of them (49%) were geared towards the manufacturing industry in 2017
FDI inflows in this area amounted to 21.6 billion euros in 2017, registering an impressive increase of 143%. Second, among the most popular business areas to attract FDI, one finds the real estate market, with a cash inflow of 7.8 billion euros and a share of 17.7%
Financial Services and Insurance with FDI inflows of 4.1 billion euros in 2017 followed by 9.4%, the trade and vehicle repair sector d & rsquo; Worth € 3.3 billion and a 7.5% share, and the transport and storage sector with a 2.6 billion euro FDI contribution. and a share of 5.9%.
In contrast, the sectors of the French economy with outflows of foreign investment in 2017 are the production and distribution of water and waste management with outflows of 307 million. 39; euros, production and distribution of electricity and natural gas with 499 million euro and accommodation and concentration with exits of 788 million euros
Bilateral trade between Greece and France in the first quarter of 2018
According to the Greek Statistical Authority, established by Eurostat, bilateral trade between Greece and France increased by 12.3% between January and March 2018, with a trade volume of 786 million euros
Greek exports in the first quarter of 2018 registered a significant increase of 17.3% compared to the corresponding period of 2017, reaching 227 million euros, against 193 million In 2017. Greece's imports from France during the period considered, they also increased by 10.3% to 559 million euros
The trade balance remained heavily deficit for our country ( -332 million euros). The export coverage rate has improved significantly and reached 40.6%.
Greek Exports to France
With regard to the composition of Greek exports to France, packaged products account for 23% of exported products
In the first quarter of 2018, the value of Product exports continued its upward trend, marking an impressive 132% growth to 52 million euros. The plates and aluminum films, worth 18.9 million euros, account for 8.4% of the total Greek exports to France
Here are the copper tubes with a export height of 14.8 million and a 6.5% share, fresh fish with exports of 11.9 million and a share of 5.3%. The fruits and fruits, manufactured with exports of 9.8 million euros and a share of 4.3%, complete the first five Greek products exported to France in the first quarter of 2018.
Greek imports from France
Among the products imported from France, the first place occupied the drugs with a share of 9.9% and a value of 55 million euros. 19659002]
Here is fresh beef with a share of 6.5% and a value of 36.6 million, pbadenger cars with a share of 4.8% and a value of 27 million, iron products flat with a share of 4.5% and a value of 25 million euros and beauty products with a share of 4.1% and a value of 22.8 million euros
with RES information
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