Overview: This page contains the latest trade data of Aircraft Parts. In 2019, Aircraft Parts were the world's 27th most traded product, with a total trade of $93.9B. Between 2018 and 2019 the exports of Aircraft Parts grew by 2.72%, from $91.4B to $93.9B. Trade in Aircraft Parts represent 0.52% of total world trade.
Exports: In 2019 the top exporters of Aircraft Parts were United States ($16.3B), United Kingdom ($14.6B), Germany ($11.1B), France ($9.68B), and Japan ($4.63B).
Imports: In 2019 the top importers of Aircraft Parts were United States ($21.6B), France ($15.7B), Germany ($10.9B), Canada ($5.17B), and United Kingdom ($4.94B).
Tariffs: In 2018 the average tariff for Aircraft Parts was 2.04%, making it the 1231st lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Aircraft Parts are Bermuda (25%), Bahamas (24.5%), Maldives (24.5%), Panama (13.8%), and Cambodia (12.5%). The countries with the lowest tariffs are Angola (0%), Algeria (0%), Ethiopia (0%), Kenya (0%), and Mauritius (0%).
Ranking: Aircraft Parts ranks 302nd 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.