Overview This page contains the latest trade data of Aircraft Parts. In 2020, Aircraft Parts were the world's 39th most traded product, with a total trade of $65.8B. Between 2019 and 2020 the exports of Aircraft Parts decreased by -27.7%, from $91B to $65.8B. Trade in Aircraft Parts represent 0.39% of total world trade.
Aircraft Parts are a part of Aircraft, spacecraft and parts thereof. They include Aircraft parts nes, Aircraft under-carriages and parts thereof, Parts of balloons, dirigibles, spacecraft, and Aircraft propellers, rotors and parts thereof.
Exports In 2020 the top exporters of Aircraft Parts were United States ($12.5B), United Kingdom ($10.2B), Germany ($7.79B), France ($6.22B), and Japan ($3.15B).
Imports In 2020 the top importers of Aircraft Parts were United States ($15.1B), France ($10.2B), Germany ($7.14B), Canada ($3.6B), and United Kingdom ($3.37B).
Tariffs In 2018 the average tariff for Aircraft Parts was 2.03%, making it the 1241st lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Aircraft Parts are Bermuda (25%), Bahamas (24.5%), and Maldives (24.5%). The countries with the lowest tariffs are Angola (0%), Algeria (0%), Ethiopia (0%), Kenya (0%), and Mauritius (0%).
Ranking Aircraft Parts ranks 237th in the Product Complexity Index (PCI).
Description Parts of aircraft and spacecraft are used in the production of other goods. They can be made from a variety of materials, including aluminum, carbon fiber, titanium, and stainless steel.