Parachutes, parts and accessories thereof

880400 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Parachutes, parts and accessories . In 2022, Parachutes, parts and accessories were the world's 3086th most traded product, with a total trade of $427M. Between 2021 and 2022 the exports of Parachutes, parts and accessories grew by 28.5%, from $332M to $427M. Trade in Parachutes, parts and accessories represent 0.0018% of total world trade.

Parachutes, parts and accessories are a part of Parachutes.

Exports In 2022 the top exporters of Parachutes, parts and accessories  were United States ($127M), Vietnam ($37.5M), United Kingdom ($29.9M), France ($28.8M), and Canada ($19.3M).

Imports In 2022 the top importers of Parachutes, parts and accessories were United States ($57.3M), France ($43.1M), Germany ($39.7M), United Kingdom ($19.9M), and Switzerland ($15.2M).

Ranking Parachutes, parts and accessories ranks 2228th in the Product Complexity Index (PCI).

Description A parachute is a device used to slow the descent of an object through an atmosphere. A parachute can be used to lower a person to the ground, to provide drag in order to prevent an aircraft from stalling, or as a brake to help a car to slow down. Parachutes are normally used in emergency situations to save the lives of passengers.

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Parachutes, parts and accessories . Countries are shown based on data availability.

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

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* 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 (2022)United States$127M
Top Destination (2022)United States$57.3M

In 2022 Parachutes, parts and accessories were the world's 3086th most traded product (out of 4,648).

In 2022, the top exporters of Parachutes, parts and accessories were United States ($127M), Vietnam ($37.5M), United Kingdom ($29.9M), France ($28.8M), and Canada ($19.3M).

In 2022, the top importers of Parachutes, parts and accessories were United States ($57.3M), France ($43.1M), Germany ($39.7M), United Kingdom ($19.9M), and Switzerland ($15.2M).

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Exporters of Parachutes, parts and accessories (2022)
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Importers of Parachutes, parts and accessories (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$52.5M
Top Destination Growth (2021 -  2022)United States$11.5M

Between 2021 and 2022, the exports of Parachutes, parts and accessories grew the fastest in United States ($52.5M), France ($8.17M), Vietnam ($7.1M), Poland ($6.14M), and Luxembourg ($5.76M).

Between 2021 and 2022, the fastest growing importers of Parachutes, parts and accessories were United States ($11.5M), United Kingdom ($7.56M), Philippines ($6.39M), Saudi Arabia ($4.95M), and Netherlands ($4.75M).

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Exporters of Parachutes, parts and accessories (2021 - 2022)

Importers of Parachutes, parts and accessories (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Parachutes, parts and accessories .

In 2022, market concentration measured using Shannon Entropy, was 4.09. This means that most of the exports of Parachutes, parts and accessories are explained by 17 countries.

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Value of Exports in Parachutes, parts and accessories

Net Trade

TOP NET EXPORTER (2022)United States$69.9M
TOP NET IMPORTER (2022)Germany$21.2M

This map shows which countries export or import more of Parachutes, parts and accessories . Each country is colored based on the difference in exports and imports of Parachutes, parts and accessories during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Parachutes, parts and accessories were United States ($69.9M), Vietnam ($36.7M), Sri Lanka ($14.6M), Thailand ($10.7M), and Czechia ($10.1M).

In 2022, the countries that had a largest trade value in imports than in exports of Parachutes, parts and accessories were Germany ($21.2M), France ($14.3M), Switzerland ($12.9M), Australia ($10.5M), and Saudi Arabia ($10.1M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Parachutes, parts and accessories by percentage of total exports

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 (2022)

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