Aircraft parts nes880330 (Harmonized System 1992 for 6-digit)
World Trade (2018): $75.4B, Rnk 24 / 4726
Top Exporter (2018): $13.9B, United Kingdom
Top Importer (2018): $17B, United States
Product Complexity (2018): 0.46, Rnk 1051 / 2722
Export Growth (CAGR)(2017 - 2018): 6.88%, Rnk 3108 / 4726
Mean Tariff (2018): 1.84%, Rnk 6240 / 6538
Share of World Trade (2018): 0.41%, Rnk 24 / 4726
Overview: This page contains the latest trade data of Aircraft parts nes. In 2018, Aircraft parts nes were the world's 24th most traded product, with a total trade of $75.4B. Between 2017 and 2018 the exports of Aircraft parts nes grew by 6.88%, from $70.6B to $75.4B. Trade in Aircraft parts nes represent 0.41% of total world trade.
Exports: In 2018 the top exporters of Aircraft parts nes were United Kingdom ($13.9B), United States ($10.4B), Germany ($9.71B), France ($6.76B), and Japan ($4.18B).
Imports: In 2018 the top importers of Aircraft parts nes were United States ($17B), France ($14.7B), Germany ($9.76B), United Kingdom ($3.91B), and Singapore ($2.81B).
Tariffs: In 2018 the average tariff for Aircraft parts nes was 1.84%, been the 6240 lowest tariff using the HS6 product classification.
The countries with the highest import tariffs for Aircraft parts nes are Bermuda (25%), Maldives (24.6%), Cambodia (15%), Panama (10%), and Haiti (10%). The countries with the lowest tariffs are Angola (0%), Algeria (0%), Ethiopia (0%), Kenya (0%), and Mauritius (0%).
Ranking: Aircraft parts nes ranks 1051st in the Product Complexity Index (PCI).
Trade By Country
Top Origin (2018): United Kingdom, $13.9B
Top Destination (2018): United States, $17B
Aircraft parts nes are the world's 24th most traded product.
In 2018, the top exporters of Aircraft parts nes were United Kingdom ($13.9B), United States ($10.4B), Germany ($9.71B), France ($6.76B), and Japan ($4.18B).
In 2018, the top importers of Aircraft parts nes were United States ($17B), France ($14.7B), Germany ($9.76B), United Kingdom ($3.91B), and Singapore ($2.81B).
Trade by country
Top Origin Growth (2017 - 2018): United Kingdom, $5.43B
Top Destination Growth (2017 - 2018): Germany, $2.35B
Between 2017 and 2018, the exports of Aircraft parts nes grew the fastest in United Kingdom ($5.43B), Singapore ($968M), Spain ($854M), United Arab Emirates ($807M), and Italy ($512M).
Between 2017 and 2018, the fastest growing importers of Aircraft parts nes were Germany ($2.35B), United States ($2.1B), China ($836M), Hong Kong ($452M), and Saudi Arabia ($403M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Aircraft parts nes.
In 2018, market concentration measured using Shannon Entropy, was 4.27. This means that most of the exports of Aircraft parts nes are explained by 19 countries.
TOP NET EXPORTER (2018): United Kingdom, $9.96B
TOP NET IMPORTER (2018): France, $7.98B
This map shows which countries export or import more of Aircraft parts nes. Each country is colored based on the difference in exports and imports of Aircraft parts nes during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Aircraft parts nes were United Kingdom ($9.96B), Japan ($2.62B), Spain ($1.33B), Italy ($1.21B), and South Korea ($938M).
In 2018, the countries that had a largest trade value in imports than in exports of Aircraft parts nes were France ($7.98B), United States ($6.52B), Saudi Arabia ($1.27B), China ($913M), and Hong Kong ($486M).
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.
Have questions, comments, or concerns?
Send us an e-mail: [email protected]
v4.0.2 ant