The economy of France is one of the highly developed economies in the European Union (EU). France is the fifth economic power in the world. Its per capita income from goods and services is among the highest in Europe, and its labour productivity is one of the best in the world. The country is the leading manufacturer of goods such as automobiles, electrical equipments, machine tools, and chemicals. Apart from this, France is also the European Union's most important agricultural nation and ships cereals, wine, cheese, wheat and other agricultural products to the rest of Europe and the world. France is determined by services industry, which includes banking, retail and wholesale trade, communications, health care, and tourism. France is both a major investor in other countries and a favoured destination for international investment.