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Excellent Export Prospects in the French MarketFrance has one of the largest economies in the world. It is also one of the most important trading partners of the U.S. In 2005, France has imported goods and services valued at $50.6 billion. In 2007, U.S. exports of goods and services to France reached $99 billion, equal to 6.1% of the total imports in France. The U.S. exports in France have grown constantly. Outside the agricultural sector, civilian aircraft engines are among the top American products exported to France. Also, U.S. companies control 70% percent of the computer services and software market, and the exports have grown constantly. U.S- made industrial chemicals, safety and security equipment, computer and peripherals, telecommunication equipment, computer software, automotive parts equipment, medical equipment, plastics, agricultural machinery and equipment, textile, construction equipment, and even cosmetics are very attractive to French importers. Market entry depends on competition, innovation, and pricing, and these factors make it a successful entry. Safety and security equipment is a sector that has seen a high growth rate. In 2006, France imported from the U.S. $3.350 million worth of safety and security equipment. Products such as anti-terrorist equipment, alarms, remote monitoring, or which help at investigations, airport safety, guard services, are very well ranked. U.S. exporters of construction equipment have excellent prospects in France. The United States has been constantly rated among the top 10 providers of construction equipment for the French construction companies. The construction industry is growing, and so is the demand for specialized, quality, and small machines. Backhoe loaders, compact excavators, compact shovels, and hydraulic excavators offer the best sales prospects. Three of the largest, most important construction equipment companies – Caterpillar (U.S.), Liebherr (Germany), and Case-New Holland (U.S.) - have set headquarters in France to gain local presence. Their largest competitor is Japan-based Komatsu , whose presence in France has been constantly growing.© 2008 Export-USA.com. All rights reserved. Article Tags: Construction Equipment Source: Free Articles from ArticlesFactory.com
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