Between 2013 and 2019, trade in intellectual property-related services recorded an average annual surplus of EUR 1.7 billion (see Chart 2), while trade in R&D-related services registered an average deficit of around EUR 2 billion. The balances for these two types of service worsened in 2015-2016 but have since improved slightly.
Conversely, the balance of scientific and computer services has declined significantly, moving from a surplus of nearly EUR 4 billion in 2013 to a deficit at the end of 2019 (EUR -0.6 billion), probably due to the trend of French companies relocating their computer support services abroad (back-office, etc.).
Significant sectoral and geographical differences
The areas of activity generating these flows can be identified by analysing the reports submitted by large companies to the Banque de France. The fashion and luxury goods, automobile, consultancy and transport sectors made a positive contribution to the TBP balance (see Chart 3): each of these sectors has had a relatively stable surplus, with an average of around EUR 1 billion, depending on the year. The automobile sector is a net exporter of R&D services.
Conversely, the pharmaceutical, aeronautics and, to a lesser extent, telecommunications sectors have displayed a significant deficit. The net imports of the aeronautics sector amounted to approximately EUR 3 billion per year over the period under review. The aeronautics industry, which is also a net exporter of goods and which has maintained production centres in France, therefore includes in its exports of goods the technology services it purchases abroad. This is also the case for the pharmaceutical industry which, despite being a net importer of these services, is a net exporter of goods.
Lastly, telecommunications, which has been severely impacted by restructuring in recent years, has at last seen its deficit of slightly less than EUR 1 billion stabilise over the period under review.