Planes, Helicopters, and/or Spacecraft in United States

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Exports: In 2018, United States exported $57.9B in Planes, Helicopters, and/or Spacecraft, making it the 1st largest exporter of Planes, Helicopters, and/or Spacecraft in the world. At the same year, Planes, Helicopters, and/or Spacecraft was the 2nd most exported product in United States. The main destination of Planes, Helicopters, and/or Spacecraft exports from United States are: China ($15.6B), Ireland ($8.73B), Russia ($3.34B), Canada ($2.92B), and Japan ($2.58B).

The fastest growing export markets for Planes, Helicopters, and/or Spacecraft of United States between 2017 and 2018 were China ($2.28B), Ireland ($1.91B), and Singapore ($1.72B).

Imports: In 2018, United States imported $14.6B in Planes, Helicopters, and/or Spacecraft, becoming the 2nd largest importer of Planes, Helicopters, and/or Spacecraft in the world. At the same year, Planes, Helicopters, and/or Spacecraft was the 23rd most imported product in United States. United States imports Planes, Helicopters, and/or Spacecraft primarily from: France ($3.22B), Canada ($2.73B), Germany ($2.33B), Brazil ($2.06B), and Ireland ($925M).

The fastest growing import markets in Planes, Helicopters, and/or Spacecraft for United States between 2017 and 2018 were United Kingdom ($314M), Malaysia ($260M), and China ($200M).

Latest Trends

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Overview

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Overview: In October 2020 United States' Planes, Helicopters, and/or Spacecraft exports accounted up to $128M and imports accounted up to $943M, resulting in a negative trade balance of $815M. Between October 2019 and October 2020 the exports of United States' Planes, Helicopters, and/or Spacecraft have decreased by $-112M (-46.7%) from $240M to $128M, while imports decreased by $-632M (-40.1%) from $1.57B to $943M.

Destinations: In October 2020 Planes, Helicopters, and/or Spacecraft exported mostly to Saudi Arabia ($93M), United Kingdom ($33.8M), New Zealand ($1.08M), Afghanistan ($0), and United Arab Emirates ($0), and imported mostly from Brazil ($392M), Canada ($339M), France ($157M), Switzerland ($37.4M), and Germany ($10.6M).

Growth: In October 2020, the decrease in Planes, Helicopters, and/or Spacecraft's year-by-year exports was explained primarily by a decrease in exports to United Kingdom ($-108M or -76.1%), Qatar ($-64.3M or -100%), and New Zealand ($-7.42M or -87.3%). In October 2020, the decrease in Planes, Helicopters, and/or Spacecraft's year-by-year imports was explained primarily by a decrease in imports from France ($-452M or -74.2%), Germany ($-398M or -97.4%), and Poland ($-23.6M or -99.6%).

Subnational Monthly Trade

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Flow

Value

EXPORT GROWTH (October 2019 - October 2020): $-112M, (-46.7%)

IMPORT GROWTH (October 2019 - October 2020): $-632M, (-40.1%)

MAIN EXPORTER (October 2020): Maryland, $93M

MAIN DESTINATION (October 2020): Saudi Arabia, $93M

This section shows Planes, Helicopters, and/or 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 Planes, Helicopters, and/or Spacecraft over time.

Product Trade

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Trade Balance

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Year

Value

EXPORTS (2018): $57.9B

IMPORTS (2018): $14.6B

NET TRADE (2018): $43.3B

In 2018, United States exported $57.9B in Planes, Helicopters, and/or Spacecraft. The main destinations of United States exports on Planes, Helicopters, and/or Spacecraft were China ($15.6B), Ireland ($8.73B), Russia ($3.34B), Canada ($2.92B), and Japan ($2.58B).

In 2018, United States imported $14.6B in Planes, Helicopters, and/or Spacecraft, mainly from France ($3.22B), Canada ($2.73B), Germany ($2.33B), Brazil ($2.06B), and Ireland ($925M).

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Net Trade

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Year

IN 2018, United States HAD A POSITIVE NET TRADE IN Planes, Helicopters, and/or Spacecraft WITH:

China , $15.2B ($15.6B - $426M)
Ireland , $7.8B ($8.73B - $925M)
Russia , $3.14B ($3.34B - $202M)

IN 2018, United States HAD A NEGATIVE NET TRADE IN Planes, Helicopters, and/or Spacecraft WITH:

France , -$2.37B ($852M - $3.22B)
Brazil , -$1.72B ($341M - $2.06B)
Germany , -$1.53B ($798M - $2.33B)

Market Growth

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Flow

Starting YearEnding Year

THE FASTEST GROWING Planes, Helicopters, and/or Spacecraft EXPORT MARKETS FOR United States WERE (2017 - 2018):

China, $2.28B (17.1%)
Ireland, $1.91B (28%)
Singapore, $1.72B (297%)

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Planes, Helicopters, and/or Spacecraft BY United States WERE (2017 - 2018):

United Kingdom, -$3.05B (-54.5%)
Spain, -$1.75B (-68.9%)
France, -$870M (-50.5%)

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Market Concentration

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Flow

Type

In 2018, United States's main exporting competitors in Planes, Helicopters, and/or Spacecraft were:

France , $43.8B
Germany , $30.9B
Canada , $6.98B

In 2018, United States's main importing competitors in Planes, Helicopters, and/or Spacecraft were:

China , $28.3B
Ireland , $11.1B
Germany , $8.53B

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Forecasts

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Trade Forecasts

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Periods

Time

This section shows forecasts for total exports and imports, for Planes, Helicopters, and/or Spacecraft in United States. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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