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Country name:

conventional long form: Department of Guiana
conventional short form: French Guiana
local long form: none
local short form: Guyane

 

Capital:

Cayenne. Population: 50,594 (1999).
 

 

Location:

Northern South America, bordering the North Atlantic Ocean, between Brazil and Suriname

 

Area:

83,534 sq km (32,253 sq miles).
 

Description:
French Guiana is situated on the northeast coast of South America and is bordered by Brazil to the south and the east and by Surinam to the west. The southern Serra Tumucumaque Mountains are part of the eastern frontier, whilst the rest is formed by the River Oyapock. Surinam is to the west along the rivers Maroni-Itani and to the north is the Atlantic coastline. Along the coast runs a belt of flat marshy land behind which the land rises to higher slopes and plains or savannah. The interior is comprised of equatorial jungle. Off the rugged coast lie the Iles du Salut and Devil’s Island. Cayenne, the capital and chief port, is on the island of the same name at the mouth of the Cayenne River.
 

 

Map of French Guiana

Population:

178,000 (2005 estimate).

 

Languages:

The official language is French, though most of the population speak a Creole patois. English is also widely spoken.
 

Economy - overview:

French Guiana's economy is heavily dependent on that of France. Thanks to the French social security system and subsidies from Paris, the population enjoys one of the highest standards of living on the South American continent.

Besides the French Space Centre at Kourou, fishing and forestry are the most important economic activities, occupying most of the workforce. Vegetables and rice are the principal crops, most of which are consumed domestically.

Exploitation of French Guiana’s mineral resources, which, in addition to timber from the country’s extensive forests, include gold, bauxite and kaolin, is steadily growing. Gold production continues to flourish, with actual production levels and sales suspected to be far higher than official estimates. Exploration expanded in the mid 1990s, following the construction of a major new road allowing access to the interior.

Development of the service sector, particularly tourism (and the promising field of ecotourism), had previously been hampered by poor infrastructure. The country’s other notable economic asset, acquired by virtue of its position close to the equator, is the European Space Agency’s satellite launch facility at Kourou. The French Space Centre accounts for a quarter of GDP.

French Guiana runs a huge trade deficit, with exports less than 10% of imports. In common with most French Overseas Territories, French Guiana has a high unemployment level, of about 22%.

Economy:

French Guiana's economy is heavily dependent on that of France. Thanks to the French social security system and subsidies from Paris, the population enjoys one of the highest standards of living on the South American continent.

Besides the French Space Centre at Kourou, fishing and forestry are the most important economic activities, occupying most of the workforce. Vegetables and rice are the principal crops, most of which are consumed domestically.

Exploitation of French Guiana’s mineral resources, which, in addition to timber from the country’s extensive forests, include gold, bauxite and kaolin, is steadily growing. Gold production continues to flourish, with actual production levels and sales suspected to be far higher than official estimates. Exploration expanded in the mid 1990s, following the construction of a major new road allowing access to the interior.

Development of the service sector, particularly tourism (and the promising field of ecotourism), had previously been hampered by poor infrastructure. The country’s other notable economic asset, acquired by virtue of its position close to the equator, is the European Space Agency’s satellite launch facility at Kourou. The French Space Centre accounts for a quarter of GDP.

French Guiana runs a huge trade deficit, with exports less than 10% of imports. In common with most French Overseas Territories, French Guiana has a high unemployment level, of about 22%.
 

 

Industries:

construction, shrimp processing, forestry products, rum, gold mining

 

Exports:
Shrimp, timber, gold, rum, rosewood essence and clothing.
• Main trade partners: France, USA, Trinidad and Tobago, Italy and Switzerland.

Imports:
Food (grains and processed meats), machinery and transport equipment, fuel and chemicals.

Exchange rates:
http://www.worldtravelguide.net/country/93/business/South-America/French-Guiana.html

GDP :
US$1.5 billion.
 

 

Useful links:

  • Ministries & Organization
 

 

 

  • Trade Associations & Chamber of Commerce
 

 

  • Trade Fairs

 

 

 

  • Others

 

 

 

  Copyright By :  Kish Trade Promotion Center  2002