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2022
Exports $40.3BWorld Rnk 1 / 211
Flag Rnk 10 / 96
2022
Destination $1.5B Ireland
2021 - 2022
FASTEST GROWING MARKET $1.5BMalaysia
2022
PRODUCT COMPLEXITY IN Aircraft and spacecraft0.79Rnk 246 / 1025
2022
Imports $27.3BWorld Rnk 1 / 219
Flag Rnk 21 / 96
2022
Origin $1.27B Canada
2021 - 2022
FASTEST GROWING ORIGIN $1.27BFrance
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $40.3B in Aircraft and spacecraft, making it the 1st largest exporter of Aircraft and spacecraft in the world. At the same year, Aircraft and spacecraft was the 10th most exported product in United States. The main destination of Aircraft and spacecraft exports from United States are: Ireland ($5.92B), Canada ($3.64B), China ($3.47B), United Kingdom ($2.05B), and South Korea ($1.69B).

The fastest growing export markets for Aircraft and spacecraft of United States between 2021 and 2022 were Malaysia ($1.5B), China ($1.29B), and United Kingdom ($851M).

Imports In 2022, United States imported $27.3B in Aircraft and spacecraft, becoming the 1st largest importer of Aircraft and spacecraft in the world. At the same year, Aircraft and spacecraft was the 21st most imported product in United States. United States imports Aircraft and spacecraft primarily from: Canada ($5.67B), France ($4.79B), Germany ($2.37B), United Kingdom ($2.3B), and Brazil ($2.09B).

The fastest growing import markets in Aircraft and spacecraft for United States between 2021 and 2022 were France ($1.27B), Germany ($562M), and Brazil ($540M).

COMPANIES In 2023, leading companies such as BOEING (398), Celebrity Cruises (329), and Pirelli Tires (205) were at the forefront of shipping Aircraft and spacecraft to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Aircraft and spacecraft exports accounted up to $13B and imports accounted up to $2.61B, resulting in a positive trade balance of $10.4B. Between August 2023 and August 2024 the exports of United States'   Aircraft and spacecraft have increased by $2.76B (27%) from $10.2B to $13B, while imports increased by $572M (28%) from $2.04B to $2.61B.

Destinations In August 2024, Aircraft and spacecraft were exported mostly to China ($1.38B), Germany ($1.13B), Brazil ($1.11B), France ($925M), and United Kingdom ($833M), and were imported mostly from France ($500M), Canada ($469M), Germany ($362M), Brazil ($221M), and United Kingdom ($185M).

Growth In August 2024, the increase in Aircraft and spacecraft's year-by-year exports was explained primarily by an increase in exports to Saudi Arabia ($248M or 484%), Qatar ($242M or 1.81k%), and Netherlands ($206M or 374%). In August 2024, the increase in Aircraft and spacecraft's year-by-year imports was explained primarily by an increase in imports from Germany ($216M or 224%), Switzerland ($33.9M or 133%), and Malaysia ($23.7M or 338%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$2.76B(27%)
IMPORT GROWTH (August 2023 - August 2024)$572M(28%)
MAIN EXPORTER (August 2024)Washington$2.45B
MAIN DESTINATION (August 2024)China$1.38B

This section shows Aircraft and spacecraft's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Aircraft and spacecraft over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$40.3B
IMPORTS (2022)$27.3B
NET TRADE (2022)$13B

In 2022, United States exported $40.3B in Aircraft and spacecraft. The main destinations of United States exports on Aircraft and spacecraft were Ireland ($5.92B), Canada ($3.64B), China ($3.47B), United Kingdom ($2.05B), and South Korea ($1.69B).

In 2022, United States imported $27.3B in Aircraft and spacecraft, mainly from Canada ($5.67B), France ($4.79B), Germany ($2.37B), United Kingdom ($2.3B), and Brazil ($2.09B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aircraft and spacecraft EXPORT MARKETS FOR United States WERE (2021 - 2022):
Malaysia$1.5B (1.28k%)
China$1.29B (59.2%)
United Kingdom$851M (70.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aircraft and spacecraft BY United States WERE (2021 - 2022):
Germany-$1.42B (-51.6%)
Saudi Arabia-$1.14B (-57.9%)
Turkey-$802M (-60.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Aircraft and spacecraft were:
France $33.4B
Germany $29.7B
In 2022, United States's main importing competitors in Aircraft and spacecraft were:
France $13.7B
China $12.1B

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Trade Value of Aircraft and spacecraft by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $394M
TOP IMPORT POTENTIALCanada+ $596M

Aircraft and spacecraft’s highest export potential is Canada. With an export gap of $394M.   Aircraft and spacecraft’s highest import potential is Canada with an import gap of $596M.

See methodology.

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