It is difficult to ascertain the extent of the boycott’s impact, given that only sporadic reports have been received about the impact of sales of French goods and goods in the Islamic world. Here are some French companies and sectors that do business with Muslim-majority countries. There is no indication that any of them have been affected so far, unless otherwise indicated.
Grain
France is a major exporter of grains globally, with some of its largest markets located in Muslim-majority countries. And Algeria is the tenth largest market for exports of French agricultural products, according to data from the Ministry of Agriculture in Paris, with exports amounting to about 1.4 billion euros in 2019. Morocco, which is one of the Islamic countries that condemned the publication of the caricatures of the Prophet Muhammad, ranked 17th in importing French agricultural products Last year, exports amounted to 700 million euros.
Big stores
The boycott calls target the Carrefour chain of stores in Saudi Arabia. A campaign to urge consumers not to go to these stores spread strongly on social media in the Kingdom over the weekend.
Carrefour has many branches in the Middle East and South Asia through partnerships. One of the partners has exclusive rights to Carrefour in countries such as Pakistan, Lebanon and Bahrain. While another partner owns Carrefour rights in Morocco. Reuters journalists in the Saudi capital, Riyadh, visited two Carrefour stores that appeared to be crowded as usual.
It is difficult to ascertain the extent of the boycott’s impact, given that only sporadic reports have been received about the impact of sales of French goods and goods in the Islamic world. Here are some French companies and sectors that do business with Muslim-majority countries. There is no indication that any of them have been affected so far, unless otherwise indicated.
Grain
France is a major exporter of grains globally, with some of its largest markets located in Muslim-majority countries. And Algeria is the tenth largest market for exports of French agricultural products, according to data from the Ministry of Agriculture in Paris, as the value of exports reached about 1.4 billion euros in 2019. Morocco, one of the Islamic countries that condemned the publication of the caricatures of the Prophet Muhammad, ranked 17th in importing French agricultural products Last year, exports amounted to 700 million euros.
Big stores
The boycott calls target the Carrefour chain of stores in Saudi Arabia. A campaign to urge consumers not to go to these stores spread strongly on social media in the Kingdom over the weekend.
Carrefour has many branches in the Middle East and South Asia through partnerships. One of the partners has exclusive rights to Carrefour in countries such as Pakistan, Lebanon and Bahrain. While another partner owns Carrefour rights in Morocco. Reuters journalists in the Saudi capital, Riyadh, visited two Carrefour stores that appeared to be crowded as usual.
energy
The French energy giant Total is present in several Muslim-majority countries. In Pakistan, Bangladesh and Turkey, which have witnessed strong anti-French reactions due to the cartoons, the company is mainly focused on selling its petrochemical and petroleum products. In Saudi Arabia, as well as in many other Gulf states, Total has investments in exploration and production, and in some cases, refining.
Fashion and luxury goods
Reuters visited a store in Kuwait City on Sunday to find that L’Oréal’s cosmetics and skin care products had been removed from shelves. The store was one of about 70 outlets linked to a cooperative that decided to stop selling French products. But L’Oréal and other companies in the French fashion sector have had limited influence over boycott campaigns in the region. The Middle East and Africa represent little in the way of L’Oréal’s profits, at just over 2%.
For the big French fashion brands, the Middle East represents a fraction of sales compared to the United States, Asia or Europe. Famous brands such as Louis Vuitton owned by LVMH and privately held Chanel have stores across the Middle East, including Saudi Arabia and Dubai.
But wealthy customers in the Middle East tend to purchase luxury goods while traveling. LVMH, which also owns Christian Dior, does not disclose the extent of the Middle East contribution to its revenue.
Defense and space
France is one of the largest arms exporters in the world. Thales sells weapons, aviation technology, and public transport systems to a number of Muslim-majority countries. Clients include Saudi Arabia, the UAE, Turkey and Qatar, according to the company’s website. Egypt and Qatar are among the countries that have ordered military Rafale planes from Dassault, which also considers the region a large market for its private jets.
HG / KS (AFP, Reuters)
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