Overview: In July 2020 United States' Aircraft Parts exports accounted up to $5.01B and imports accounted up to $1.16B, resulting in a positive trade balance of $3.85B. Between July 2019 and July 2020 the exports of United States' Aircraft Parts have decreased by $-5.46B (-52.2%) from $10.5B to $5.01B, while imports decreased by $-643M (-35.7%) from $1.8B to $1.16B.
Destinations: In July 2020 Aircraft Parts exported mostly to Germany ($654M), France ($455M), United Kingdom ($343M), Canada ($338M), and Mexico ($295M), and imported mostly from Japan ($238M), United Kingdom ($159M), Canada ($137M), France ($130M), and Mexico ($80.1M).
Growth: In July 2020, the decrease in Aircraft Parts's year-by-year exports was explained primarily by a decrease in exports to France ($-786M or -65.6%), China ($-555M or -69.2%), and Singapore ($-397M or -61.9%). In July 2020, the decrease in Aircraft Parts's year-by-year imports was explained primarily by a decrease in imports from Japan ($-122M or -41.3%), France ($-89M or -50.5%), and United Kingdom ($-67.5M or -33.3%).