section_path: Economic sectors/Industry
section_name: Industry
paragraph_text: Industry
  
  In 2019, France was the world's 8th largest manufacturer in terms of value added, according to the World Bank.
  
  The leading industrial sectors in France are telecommunications (including communication satellites), aerospace and defence, ship building, pharmaceuticals, construction and civil engineering, chemicals, textiles, and automobile production. The chemical industry is a key sector for France, helping to develop other manufacturing activities and contributing to economic growth.
  
  Research and development spending is also high in France at 2.26% of GDP, the fourth-highest in the OECD.
  
  Industry contributes to French exports: as of 2018, the Observatory of Economic Complexity estimates that France's largest exports "are led by planes, helicopters, and spacecraft ($43.8 billion), cars ($26 billion), packaged medicaments ($25.7 billion), vehicle parts ($16.5 billion), and gas turbines ($14.4 billion)."
  
  In December 2023, industrial production in France experienced its most significant change since May of the same year, with a notable increase of 1.1%.
  
  In 2019, France was the world's 8th largest manufacturer in terms of value added, according to the World Bank.
  
  The leading industrial sectors in France are telecommunications (including communication satellites), aerospace and defence, ship building, pharmaceuticals, construction and civil engineering, chemicals, textiles, and automobile production. The chemical industry is a key sector for France, helping to develop other manufacturing activities and contributing to economic growth.
  
  Research and development spending is also high in France at 2.26% of GDP, the fourth-highest in the OECD.
  
  Industry contributes to French exports: as of 2018, the Observatory of Economic Complexity estimates that France's largest exports "are led by planes, helicopters, and spacecraft ($43.8 billion), cars ($26 billion), packaged medicaments ($25.7 billion), vehicle parts ($16.5 billion), and gas turbines ($14.4 billion)."
  
  In December 2023, industrial production in France experienced its most significant change since May of the same year, with a notable increase of 1.1%.
  
  In 2019, France was the world's 8th largest manufacturer in terms of value added, according to the World Bank.
  
  The leading industrial sectors in France are telecommunications (including communication satellites), aerospace and defence, ship building, pharmaceuticals, construction and civil engineering, chemicals, textiles, and automobile production. The chemical industry is a key sector for France, helping to develop other manufacturing activities and contributing to economic growth.
  
  Research and development spending is also high in France at 2.26% of GDP, the fourth-highest in the OECD.
  
  Industry contributes to French exports: as of 2018, the Observatory of Economic Complexity estimates that France's largest exports "are led by planes, helicopters, and spacecraft ($43.8 billion), cars ($26 billion), packaged medicaments ($25.7 billion), vehicle parts ($16.5 billion), and gas turbines ($14.4 billion)."
  
  In December 2023, industrial production in France experienced its most significant change since May of the same year, with a notable increase of 1.1%.