HS Icon Spacecraft, satellites and spacecraft launch vehicles

880250 (Harmonized System 1992 for 6-digit)

World Trade (2018): $3.01B, Rnk 1001 / 4726

Top Exporter (2018): $923M, United States

Top Importer (2018): $978M, France

Product Complexity (2018): 2.1, Rnk 38 / 4873

Export Growth (CAGR)(2017 - 2018): 141%, Rnk 54 / 4726

Mean Tariff (2018): 0%, Rnk 6529 / 6538

Share of World Trade (2018): 0.016%, Rnk 1001 / 4726

Overview:  This page contains the latest trade data of Spacecraft, satellites and spacecraft launch vehicles. In 2018, Spacecraft, satellites and spacecraft launch vehicles were the world's 1001st most traded product, with a total trade of $3.01B. Between 2017 and 2018 the exports of Spacecraft, satellites and spacecraft launch vehicles grew by 141%, from  $1.25B to $3.01B. Trade in Spacecraft, satellites and spacecraft launch vehicles represent 0.016% of total world trade.

Exports: In 2018 the top exporters of Spacecraft, satellites and spacecraft launch vehicles  were United States ($923M), China ($530M), Germany ($415M), Japan ($384M), and United Kingdom ($378M).

Imports: In 2018 the top importers of Spacecraft, satellites and spacecraft launch vehicles were France ($978M), United States ($424M), Germany ($297M), United Kingdom ($229M), and Hong Kong ($180M).

Tariffs: In 2018 the average tariff for Spacecraft, satellites and spacecraft launch vehicles was 0%, been the 6529 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Spacecraft, satellites and spacecraft launch vehicles are Sweden (0%), Austria (0%), and Finland (0%).

Ranking: Spacecraft, satellites and spacecraft launch vehicles ranks 38th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): United States, $923M

Top Destination (2018): France, $978M

Spacecraft, satellites and spacecraft launch vehicles are the world's 1001st most traded product.

In 2018, the top exporters of Spacecraft, satellites and spacecraft launch vehicles were United States ($923M), China ($530M), Germany ($415M), Japan ($384M), and United Kingdom ($378M).

In 2018, the top importers of Spacecraft, satellites and spacecraft launch vehicles were France ($978M), United States ($424M), Germany ($297M), United Kingdom ($229M), and Hong Kong ($180M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United States, $771M

Top Destination Growth (2017 - 2018): France, $920M

Between 2017 and 2018, the exports of Spacecraft, satellites and spacecraft launch vehicles grew the fastest in United States ($771M), China ($530M), Japan ($384M), Germany ($340M), and United Kingdom ($274M).

Between 2017 and 2018, the fastest growing importers of Spacecraft, satellites and spacecraft launch vehicles were France ($920M), Germany ($289M), United States ($229M), United Kingdom ($224M), and Hong Kong ($180M).

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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 Spacecraft, satellites and spacecraft launch vehicles.

In 2018,  market concentration measured using Shannon Entropy, was 2.76. This means that most of the exports of Spacecraft, satellites and spacecraft launch vehicles are explained by 6 countries.

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TOP NET EXPORTER (2018): China, $510M

TOP NET IMPORTER (2018): France, $976M

This map shows which countries export or import more of Spacecraft, satellites and spacecraft launch vehicles. Each country is colored based on the difference in exports and imports of Spacecraft, satellites and spacecraft launch vehicles during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Spacecraft, satellites and spacecraft launch vehicles were China ($510M), United States ($499M), Japan ($325M), South Korea ($170M), and United Kingdom ($149M).

In 2018, the countries that had a largest trade value in imports than in exports of Spacecraft, satellites and spacecraft launch vehicles were France ($976M), Hong Kong ($180M), Belgium-Luxembourg ($127M), India ($68.3M), and Kazakhstan ($9.36M).

Trade Forecasts

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This section shows forecasts for total trade for Spacecraft, satellites and spacecraft launch vehicles. 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 Spacecraft, satellites and spacecraft launch vehicles was 0%.  The countries with the highest tariffs for importing Spacecraft, satellites and spacecraft launch vehicles were Sweden (0%), Austria (0%), and Finland (0%).

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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.