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Pricing

2023
Exports $25.9BWorld Rnk 1 / 205
Flag Rnk 15 / 1217
2023
Destination $609M Singapore
2022 - 2023
FASTEST GROWING MARKET $609MUnited Arab Emirates
2023
PRODUCT COMPLEXITY IN Aircraft Parts0.54Rnk 352 / 1025
2023
Imports $15.3BWorld Rnk 1 / 219
Flag Rnk 34 / 1215
2023
Origin $449M United Kingdom
2022 - 2023
FASTEST GROWING ORIGIN $449MJapan
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $25.9B in Aircraft Parts, making it the 1st largest exporter of Aircraft Parts in the world. At the same year, Aircraft Parts was the 15th most exported product in United States. The main destination of Aircraft Parts exports from United States are: Singapore ($3.4B), Canada ($2.54B), United Kingdom ($2.47B), France ($1.7B), and United Arab Emirates ($1.6B).

The fastest growing export markets for Aircraft Parts of United States between 2022 and 2023 were United Arab Emirates ($609M), United Kingdom ($513M), and Qatar ($481M).

Imports In 2023, United States imported $15.3B in Aircraft Parts, becoming the 1st largest importer of Aircraft Parts in the world. At the same year, Aircraft Parts was the 34th most imported product in United States. United States imports Aircraft Parts primarily from: United Kingdom ($2.24B), Canada ($2.02B), France ($1.69B), Japan ($1.61B), and Mexico ($1.26B).

The fastest growing import markets in Aircraft Parts for United States between 2022 and 2023 were Japan ($449M), Mexico ($279M), and Canada ($278M).

COMPANIES In 2023, leading companies such as Celebrity Cruises (327), IKEA Group (182), and BOEING (48) were at the forefront of shipping Aircraft Parts to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Aircraft Parts exports accounted up to $9.77B and imports accounted up to $959M, resulting in a positive trade balance of $8.81B. Between November 2023 and November 2024 the exports of United States'   Aircraft Parts have decreased by $-1.04B (-9.61%) from $10.8B to $9.77B, while imports increased by $27.2M (2.92%) from $932M to $959M.

Destinations In November 2024, Aircraft Parts were exported mostly to France ($1.05B), Brazil ($860M), United Kingdom ($855M), Germany ($769M), and Canada ($663M), and were imported mostly from .

Growth In November 2024, the decrease in Aircraft Parts's year-by-year exports was explained primarily by a decrease in exports to Turkey ($-217M or -75.6%), China ($-137M or -28.5%), and Trinidad and Tobago ($-112M or -95.1%). In December 2021, the increase in Aircraft Parts's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-1.04B(-9.61%)
IMPORT GROWTH (December 2020 - December 2021)$27.2M(2.92%)
MAIN EXPORTER (November 2024)Washington$2.44B
MAIN DESTINATION (November 2024)France$1.05B

This section shows Aircraft Parts'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 Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$25.9B
IMPORTS (2023)$15.3B
NET TRADE (2023)$10.6B

In 2023, United States exported $25.9B in Aircraft Parts. The main destinations of United States exports on Aircraft Parts were Singapore ($3.4B), Canada ($2.54B), United Kingdom ($2.47B), France ($1.7B), and United Arab Emirates ($1.6B).

In 2023, United States imported $15.3B in Aircraft Parts, mainly from United Kingdom ($2.24B), Canada ($2.02B), France ($1.69B), Japan ($1.61B), and Mexico ($1.26B).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Aircraft Parts EXPORT MARKETS FOR United States WERE (2022 - 2023):
United Arab Emirates$609M (61.5%)
United Kingdom$513M (26.3%)
Qatar$481M (367%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aircraft Parts BY United States WERE (2022 - 2023):
Chinese Taipei-$286M (-36.4%)
Vietnam-$171M (-98.7%)
France-$154M (-8.3%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Aircraft Parts were:
France $10.6B
United Kingdom $10.5B
In 2023, United States's main importing competitors in Aircraft Parts were:
France $11B
Germany $8.89B

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Trade Value of Aircraft Parts by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Aircraft Parts’s highest export potential is N/A. With an export gap of N/A.   Aircraft Parts’s highest import potential is N/A with an import gap of N/A.

See methodology.

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