Overview: This page contains the latest trade data of Aircraft Parts. In 2018, Aircraft Parts were the world's 29th most traded product, with a total trade of $88.8B. Between 2017 and 2018 the exports of Aircraft Parts grew by 8.15%, from $82.1B to $88.8B. Trade in Aircraft Parts represent 0.48% of total world trade.
This chart shows the evolution of the market concentration of exports of Aircraft Parts.
In 2018, market concentration measured using Shannon Entropy, was 4.29. This means that most of the exports of Aircraft Parts are explained by 19 countries.
This map shows which countries export or import more of Aircraft Parts. Each country is colored based on the difference in exports and imports of Aircraft Parts during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Aircraft Parts were United Kingdom ($10.2B), Japan ($2.39B), Spain ($1.38B), Italy ($1.24B), and Canada ($1.18B).
In 2018, the countries that had a largest trade value in imports than in exports of Aircraft Parts were France ($7.61B), United States ($6.63B), Saudi Arabia ($1.4B), China ($1.33B), and Hong Kong ($634M).
In 2018, the average tariff for importing Aircraft Parts was 2.04%. The countries with the highest tariffs for importing Aircraft Parts were Bermuda (25%), Bahamas (24.5%), Maldives (24.5%), Panama (13.8%), and Cambodia (12.5%).
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.