Paris Trade and Industry has made the French capital one of the most economically developed cities in the world. The metropolitan area of Paris is not rich in natural resources, but the political position of the city has led to the establishment of both heavy and light industries. In the late 18th century, during the early days of industrialization many industries were established across the city.
Trade and Industry in Paris is flourishing at a very fast pace, thus contributing to the economy of the country. Some of the most important industries in Paris are construction and production of building materials, printing and publishing, manufactures of automobiles, machine tools, railroad rolling stock, electric and electronic products, chemicals, processed foods and so on.
Tourism industry is one of the most flourishing industries of Paris. More than 30 million visitors travel to the city every year from foreign countries like
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Germany, Britain, the United States, Italy, and Japan. The city is also a popular venue for trade shows, fashion shows, international seminars and conferences. The tourism industry is related to various other business sectors like hotel, restaurants, shops and nightclubs.
Fashion industry in Paris contributes significantly to the economy of the region. Paris is synonymous with fashion and innumerable fashion houses have their outlets and showrooms located in the city. These fashion houses manufacture and sell their products, thus generating revenues for Paris.
The estate agencies, telecommunications, postal, banking and insurance are some of the other sectors of Paris trade and industry. There was an increase of 4.74% of agencies in the city in-between 2003 and 2005. These industries have made a considerable contribution in the rise of revenue earning for the city. In the scenario of globalization, Paris trade and industry has flourished immensely.
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