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Aircraft, spacecraft and parts thereof

88 (Harmonized System 1992 for 2-digit)

2023
World Trade $231BRnk 17 / 96
2023
Top Exporter | Top Importer $65.6B | $31.9BUnited States | United States
2023
Product Complexity 0.41Rnk 37 / 96
2022 - 2023
Export Growth (CAGR) 20.3%Rnk 1 / 96
2023
Share of World Trade 1.02%Rnk 17 / 96

About

Overview This page contains the latest trade data of Aircraft and spacecraft. In 2023, Aircraft and spacecraft were the world's 17th most traded product, with a total trade of $231B. Between 2022 and 2023 the exports of Aircraft and spacecraft grew by 20.3%, from $192B to $231B. Trade in Aircraft and spacecraft represent 1.02% of total world trade.

Aircraft and spacecraft are a part of Transportation. They include Planes, Helicopters, and/or Spacecraft, Aircraft parts (gliders, balloons, and powered aircraft), Aircraft Launch Gear, Parachutes, and Non-powered Aircraft.

Exports In 2023 the top exporters of Aircraft and spacecraft  were United States ($65.6B), France ($44.7B), Germany ($32B), Canada ($13.7B), and United Kingdom ($13.7B).

Imports In 2023 the top importers of Aircraft and spacecraft were United States ($31.9B), Ireland ($17.2B), United Kingdom ($15.6B), Germany ($14.4B), and France ($13.6B).

Ranking Aircraft and spacecraft ranks 37th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Aircraft and spacecraft. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)United States$65.6B
Top Destination (2023)United States$31.9B

In 2023 Aircraft and spacecraft were the world's 17th most traded product (out of 96).

In 2023, the top exporters of Aircraft and spacecraft were United States ($65.6B), France ($44.7B), Germany ($32B), Canada ($13.7B), and United Kingdom ($13.7B).

In 2023, the top importers of Aircraft and spacecraft were United States ($31.9B), Ireland ($17.2B), United Kingdom ($15.6B), Germany ($14.4B), and France ($13.6B).

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Exporters of Aircraft and spacecraft (2023)
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Importers of Aircraft and spacecraft (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$9.93B
Top Destination Growth (2022 -  2023)United Kingdom$6.55B

Between 2022 and 2023, the exports of Aircraft and spacecraft grew the fastest in United States ($9.93B), France ($8.09B), Germany ($5.13B), Canada ($2.4B), and China ($2.18B).

Between 2022 and 2023, the fastest growing importers of Aircraft and spacecraft were United Kingdom ($6.55B), India ($5.24B), Singapore ($3.58B), United States ($3.46B), and Ireland ($3.41B).

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Exporters of Aircraft and spacecraft (2022 - 2023)

Importers of Aircraft and spacecraft (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Aircraft and spacecraft.

In 2023, market concentration measured using Shannon Entropy, was 3.76. This means that most of the exports of Aircraft and spacecraft are explained by 13 countries.

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Value of Exports in Aircraft and spacecraft

Net Trade

TOP NET EXPORTER (2023)United States$33.7B
TOP NET IMPORTER (2023)Ireland$12.3B

This map shows which countries export or import more of Aircraft and spacecraft. Each country is colored based on the difference in exports and imports of Aircraft and spacecraft during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Aircraft and spacecraft were United States ($33.7B), France ($31.1B), Germany ($17.5B), Canada ($4.97B), and Italy ($1.3B).

In 2023, the countries that had a largest trade value in imports than in exports of Aircraft and spacecraft were Ireland ($12.3B), India ($9.57B), Singapore ($7.85B), China ($6.82B), and Turkey ($3.25B).

Net Trade (2023)

Disaggregation

Value
Disaggregation

In 2023, the world most traded Aircraft and spacecraft, disaggragated by their HS6 level were Planes, Helicopters, and/or Spacecraft ($141B), Aircraft parts (gliders, balloons, and powered... ($86.8B), Aircraft Launch Gear ($2.7B), Parachutes ($382M), and Non-powered Aircraft ($109M)

HS6 Disaggregation for Aircraft and spacecraft (2023)
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Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Aircraft and spacecraft.
It is possible to select the main countries that export or import Aircraft and spacecraft in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Aircraft and spacecraft by percentage of total exports

Potential Exports

Potential Exports

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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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Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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