HS Icon Aircraft Launch Gear

8805 (Harmonized System 1992 for 4-digit)

World Trade (2018): $1.89B, Rnk 752 / 1225

Top Exporter (2018): $816M, Canada

Top Importer (2018): $390M, United States

Product Complexity (2018): 0.16, Rnk 479 / 1018

Export Growth (CAGR)(2017 - 2018): 47.3%, Rnk 80 / 1225

Mean Tariff (2018): 2.98%, Rnk 1140 / 1259

Share of World Trade (2018): 0.01%, Rnk 752 / 1225

Overview:  This page contains the latest trade data of Aircraft Launch Gear. In 2018, Aircraft Launch Gear were the world's 752nd most traded product, with a total trade of $1.89B. Between 2017 and 2018 the exports of Aircraft Launch Gear grew by 47.3%, from  $1.29B to $1.89B. Trade in Aircraft Launch Gear represent 0.01% of total world trade.

Exports: In 2018 the top exporters of Aircraft Launch Gear  were Canada ($816M), United States ($264M), United Kingdom ($193M), Saudi Arabia ($183M), and Italy ($72.9M).

Imports: In 2018 the top importers of Aircraft Launch Gear were United States ($390M), China ($326M), France ($112M), United Kingdom ($96.7M), and Canada ($88.6M).

Tariffs: In 2018 the average tariff for Aircraft Launch Gear was 2.98%, been the 1140 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Aircraft Launch Gear are Bahamas (40.2%), Syria (27.6%), Bermuda (25%), Maldives (24.5%), and Samoa (20%). The countries with the lowest tariffs are Angola (0%), Algeria (0%), Ethiopia (0%), Kenya (0%), and Mauritius (0%).

Ranking: Aircraft Launch Gear ranks 479th in the Product Complexity Index (PCI).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2018): Canada, $816M

Top Destination (2018): United States, $390M

Aircraft Launch Gear are the world's 752nd most traded product.

In 2018, the top exporters of Aircraft Launch Gear were Canada ($816M), United States ($264M), United Kingdom ($193M), Saudi Arabia ($183M), and Italy ($72.9M).

In 2018, the top importers of Aircraft Launch Gear were United States ($390M), China ($326M), France ($112M), United Kingdom ($96.7M), and Canada ($88.6M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2017 -  2018): Canada, $342M

Top Destination Growth (2017 - 2018): United States, $111M

Between 2017 and 2018, the exports of Aircraft Launch Gear grew the fastest in Canada ($342M), Saudi Arabia ($183M), United Kingdom ($55.2M), Italy ($26.2M), and Switzerland ($21.7M).

Between 2017 and 2018, the fastest growing importers of Aircraft Launch Gear were United States ($111M), France ($75.5M), Australia ($63.5M), China ($58.9M), and Singapore ($53M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Aircraft Launch Gear.

In 2018,  market concentration measured using Shannon Entropy, was 3.02. This means that most of the exports of Aircraft Launch Gear are explained by 8 countries.

Explore Visualizations

TOP NET EXPORTER (2018): Canada, $727M

TOP NET IMPORTER (2018): China, $278M

This map shows which countries export or import more of Aircraft Launch Gear. Each country is colored based on the difference in exports and imports of Aircraft Launch Gear during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Aircraft Launch Gear were Canada ($727M), Saudi Arabia ($176M), United Kingdom ($96.5M), Italy ($28.3M), and Switzerland ($23.9M).

In 2018, the countries that had a largest trade value in imports than in exports of Aircraft Launch Gear were China ($278M), United States ($126M), France ($78.5M), Japan ($56.4M), and Australia ($52.4M).

Trade Forecasts

#permalink to section

This section shows forecasts for total trade for Aircraft Launch Gear. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

Explore Forecasts

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Aircraft Launch Gear was 2.98%.  The countries with the highest tariffs for importing Aircraft Launch Gear were Bahamas (40.2%), Syria (27.6%), Bermuda (25%), Maldives (24.5%), and Samoa (20%).

Explore Tariff Data

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
Filter

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.