HS Icon Fixed wing aircraft, unladen weight < 2,000 kg

880220 (Harmonized System 1992 for 6-digit)

World Trade (2018): $1.52B, Rnk 1589 / 4726

Top Exporter (2018): $732M, United States

Top Importer (2018): $515M, Thailand

Product Complexity (2018): 0.24, Rnk 2178 / 4873

Export Growth (CAGR)(2017 - 2018): 34.8%, Rnk 628 / 4726

Mean Tariff (2018): 4.5%, Rnk 4525 / 6538

Share of World Trade (2018): 0.0082%, Rnk 1589 / 4726

Overview:  This page contains the latest trade data of Fixed wing aircraft, unladen weight < 2,000 kg. In 2018, Fixed wing aircraft, unladen weight < 2,000 kg were the world's 1589th most traded product, with a total trade of $1.52B. Between 2017 and 2018 the exports of Fixed wing aircraft, unladen weight < 2,000 kg grew by 34.8%, from  $1.12B to $1.52B. Trade in Fixed wing aircraft, unladen weight < 2,000 kg represent 0.0082% of total world trade.

Exports: In 2018 the top exporters of Fixed wing aircraft, unladen weight < 2,000 kg  were United States ($732M), Germany ($111M), Thailand ($77.2M), Austria ($75M), and China ($74M).

Imports: In 2018 the top importers of Fixed wing aircraft, unladen weight < 2,000 kg were Thailand ($515M), United States ($120M), Japan ($101M), Australia ($66.4M), and Canada ($65.9M).

Tariffs: In 2018 the average tariff for Fixed wing aircraft, unladen weight < 2,000 kg was 4.5%, been the 4525 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Fixed wing aircraft, unladen weight < 2,000 kg are Syria (27.6%), Iran (25%), Bermuda (25%), Maldives (24.5%), and Mozambique (19%). The countries with the lowest tariffs are Angola (0%), Algeria (0%), Ethiopia (0%), Kenya (0%), and Mauritius (0%).

Ranking: Fixed wing aircraft, unladen weight < 2,000 kg ranks 2178th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): United States, $732M

Top Destination (2018): Thailand, $515M

Fixed wing aircraft, unladen weight < 2,000 kg are the world's 1589th most traded product.

In 2018, the top exporters of Fixed wing aircraft, unladen weight < 2,000 kg were United States ($732M), Germany ($111M), Thailand ($77.2M), Austria ($75M), and China ($74M).

In 2018, the top importers of Fixed wing aircraft, unladen weight < 2,000 kg were Thailand ($515M), United States ($120M), Japan ($101M), Australia ($66.4M), and Canada ($65.9M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United States, $312M

Top Destination Growth (2017 - 2018): Thailand, $505M

Between 2017 and 2018, the exports of Fixed wing aircraft, unladen weight < 2,000 kg grew the fastest in United States ($312M), Thailand ($77.2M), South Korea ($61.4M), Canada ($29.5M), and Italy ($15M).

Between 2017 and 2018, the fastest growing importers of Fixed wing aircraft, unladen weight < 2,000 kg were Thailand ($505M), Japan ($87.2M), Australia ($26.9M), Indonesia ($23M), and United States ($20.3M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Fixed wing aircraft, unladen weight < 2,000 kg.

In 2018,  market concentration measured using Shannon Entropy, was 3.27. This means that most of the exports of Fixed wing aircraft, unladen weight < 2,000 kg are explained by 9 countries.

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TOP NET EXPORTER (2018): United States, $612M

TOP NET IMPORTER (2018): Thailand, $438M

This map shows which countries export or import more of Fixed wing aircraft, unladen weight < 2,000 kg. Each country is colored based on the difference in exports and imports of Fixed wing aircraft, unladen weight < 2,000 kg during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Fixed wing aircraft, unladen weight < 2,000 kg were United States ($612M), Austria ($67.3M), Germany ($60.4M), South Korea ($53.9M), and Italy ($49.4M).

In 2018, the countries that had a largest trade value in imports than in exports of Fixed wing aircraft, unladen weight < 2,000 kg were Thailand ($438M), Japan ($101M), Australia ($52M), Brazil ($45.9M), and Indonesia ($34.7M).

Trade Forecasts

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This section shows forecasts for total trade for Fixed wing aircraft, unladen weight < 2,000 kg. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Fixed wing aircraft, unladen weight < 2,000 kg was 4.5%.  The countries with the highest tariffs for importing Fixed wing aircraft, unladen weight < 2,000 kg were Syria (27.6%), Iran (25%), Bermuda (25%), Maldives (24.5%), and Mozambique (19%).

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Product Complexity

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Diversification Frontier

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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.