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2023
Exports $65.6BWorld Rnk 1 / 208
Flag Rnk 8 / 96
2023
Destination $3.12B Ireland
2022 - 2023
FASTEST GROWING MARKET $3.12BSingapore
2023
PRODUCT COMPLEXITY IN Aircraft and spacecraft0.54Rnk 352 / 1025
2023
Imports $31.9BWorld Rnk 1 / 221
Flag Rnk 17 / 96
2023
Origin $1.66B Canada
2022 - 2023
FASTEST GROWING ORIGIN $1.66BCanada
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $65.6B in Aircraft and spacecraft, making it the 1st largest exporter of Aircraft and spacecraft in the world. At the same year, Aircraft and spacecraft was the 8th most exported product in United States. The main destination of Aircraft and spacecraft exports from United States are: Ireland ($7.56B), Singapore ($7.22B), United Kingdom ($5.85B), Canada ($4.44B), and Germany ($3.21B).

The fastest growing export markets for Aircraft and spacecraft of United States between 2022 and 2023 were Singapore ($3.12B), United Kingdom ($1.96B), and Ireland ($1.49B).

Imports In 2023, United States imported $31.9B in Aircraft and spacecraft, becoming the 1st largest importer of Aircraft and spacecraft in the world. At the same year, Aircraft and spacecraft was the 17th most imported product in United States. United States imports Aircraft and spacecraft primarily from: Canada ($7.85B), France ($5.05B), Germany ($3.56B), United Kingdom ($2.34B), and Brazil ($1.85B).

The fastest growing import markets in Aircraft and spacecraft for United States between 2022 and 2023 were Canada ($1.66B), Germany ($1.08B), and Ireland ($631M).

COMPANIES In 2023, leading companies such as BOEING (398), Celebrity Cruises (329), and Pirelli Tires (205) were at the forefront of shipping Aircraft and spacecraft to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Aircraft and spacecraft exports accounted up to $10.7B and imports accounted up to $3.35B, resulting in a positive trade balance of $7.34B. Between November 2023 and November 2024 the exports of United States'   Aircraft and spacecraft have decreased by $-1.04B (-8.88%) from $11.7B to $10.7B, while imports increased by $747M (28.6%) from $2.61B to $3.35B.

Destinations In November 2024, Aircraft and spacecraft were exported mostly to France ($1.1B), United Kingdom ($885M), Brazil ($884M), Germany ($789M), and Canada ($665M), and were imported mostly from France ($886M), Canada ($864M), Germany ($388M), United Kingdom ($287M), and Brazil ($147M).

Growth In November 2024, the decrease in Aircraft and spacecraft's year-by-year exports was explained primarily by a decrease in exports to Turkey ($-211M or -71.5%), China ($-137M or -28.5%), and Algeria ($-115M or -99.2%). In November 2024, the increase in Aircraft and spacecraft's year-by-year imports was explained primarily by an increase in imports from Germany ($216M or 224%), Switzerland ($33.9M or 133%), and Malaysia ($23.7M or 338%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-1.04B(-8.88%)
IMPORT GROWTH (November 2023 - November 2024)$747M(28.6%)
MAIN EXPORTER (November 2024)Washington$2.45B
MAIN DESTINATION (November 2024)France$1.1B

This section shows Aircraft and spacecraft's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Aircraft and spacecraft over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$65.6B
IMPORTS (2023)$31.9B
NET TRADE (2023)$33.7B

In 2023, United States exported $65.6B in Aircraft and spacecraft. The main destinations of United States exports on Aircraft and spacecraft were Ireland ($7.56B), Singapore ($7.22B), United Kingdom ($5.85B), Canada ($4.44B), and Germany ($3.21B).

In 2023, United States imported $31.9B in Aircraft and spacecraft, mainly from Canada ($7.85B), France ($5.05B), Germany ($3.56B), United Kingdom ($2.34B), and Brazil ($1.85B).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Aircraft and spacecraft EXPORT MARKETS FOR United States WERE (2022 - 2023):
Singapore$3.12B (76.2%)
United Kingdom$1.96B (50.4%)
Ireland$1.49B (24.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aircraft and spacecraft BY United States WERE (2022 - 2023):
China-$982M (-28.3%)
France-$891M (-28.5%)
Canada-$476M (-9.69%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Aircraft and spacecraft were:
France $44.7B
Germany $32B
In 2023, United States's main importing competitors in Aircraft and spacecraft were:
Ireland $17.2B
United Kingdom $15.6B

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Trade Value of Aircraft and spacecraft by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $394M
TOP IMPORT POTENTIALCanada+ $596M

Aircraft and spacecraft’s highest export potential is Canada. With an export gap of $394M.   Aircraft and spacecraft’s highest import potential is Canada with an import gap of $596M.

See methodology.

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