Aircraft Parts in United States | The Observatory of Economic Complexity

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Exports In 2022, United States exported $12.2B in Aircraft Parts, making it the 1st largest exporter of Aircraft Parts in the world. At the same year, Aircraft Parts was the 27th most exported product in United States. The main destination of Aircraft Parts exports from United States are: Canada ($2.34B), United Kingdom ($1.07B), France ($885M), China ($702M), and Japan ($673M).

The fastest growing export markets for Aircraft Parts of United States between 2021 and 2022 were United Kingdom ($517M), Canada ($306M), and Germany ($220M).

Imports In 2022, United States imported $13.3B in Aircraft Parts, becoming the 1st largest importer of Aircraft Parts in the world. At the same year, Aircraft Parts was the 45th most imported product in United States. United States imports Aircraft Parts primarily from: United Kingdom ($2.1B), Canada ($1.84B), France ($1.53B), Japan ($1.18B), and Germany ($699M).

The fastest growing import markets in Aircraft Parts for United States between 2021 and 2022 were France ($283M), Canada ($201M), and South Korea ($165M).

COMPANIES In 2023, leading companies such as IKEA SUPPLY AG (13.5k), CELEBRITY CRUISES INC. (654), and SAMSUNG ELECTRONICS AMERICA (98) were at the forefront of shipping Aircraft Parts to the United States.

Latest Trends

January 2024

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Overview In January 2024 United States' Aircraft Parts exports accounted up to $8.6B and imports accounted up to $959M, resulting in a positive trade balance of $7.64B. Between January 2023 and January 2024 the exports of United States' Aircraft Parts have increased by $1.17B (15.8%) from $7.43B to $8.6B, while imports increased by $27.2M (2.92%) from $932M to $959M.

Destinations In January 2024, Aircraft Parts were exported mostly to Germany ($837M), France ($824M), Canada ($668M), China ($630M), and United Kingdom ($608M), and were imported mostly from .

Growth In January 2024, the increase in Aircraft Parts's year-by-year exports was explained primarily by an increase in exports to Netherlands ($206M or 427%), Germany ($185M or 34.5%), and Canada ($168M or 32.1%). 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

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$1.17B(15.8%)

IMPORT GROWTH (December 2020 - December 2021)$27.2M(2.92%)

MAIN EXPORTER (January 2024)Kentucky$1.32B

MAIN DESTINATION (January 2024)Germany$837M

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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$12.2B

IMPORTS (2022)$13.3B

NET TRADE (2022)-$1.14B

In 2022, United States exported $12.2B in Aircraft Parts. The main destinations of United States exports on Aircraft Parts were Canada ($2.34B), United Kingdom ($1.07B), France ($885M), China ($702M), and Japan ($673M).

In 2022, United States imported $13.3B in Aircraft Parts, mainly from United Kingdom ($2.1B), Canada ($1.84B), France ($1.53B), Japan ($1.18B), and Germany ($699M).

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