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Pricing

2022
Exports $318MWorld Rnk 2 / 119
Flag Rnk 486 / 1217
2022
Destination $36.1M Canada
2021 - 2022
FASTEST GROWING MARKET $36.1MIsrael
2022
PRODUCT COMPLEXITY IN Aircraft Launch Gear-0.069Rnk 572 / 1025
2022
Imports $687MWorld Rnk 1 / 155
Flag Rnk 471 / 1216
2022
Origin $295M Canada
2021 - 2022
FASTEST GROWING ORIGIN $295MCanada
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $318M in Aircraft Launch Gear, making it the 2nd largest exporter of Aircraft Launch Gear in the world. At the same year, Aircraft Launch Gear was the 486th most exported product in United States. The main destination of Aircraft Launch Gear exports from United States are: Canada ($42.2M), Israel ($39.2M), Japan ($30.1M), China ($20.9M), and United Kingdom ($18M).

The fastest growing export markets for Aircraft Launch Gear of United States between 2021 and 2022 were Israel ($36.1M), Japan ($24.6M), and Canada ($18.5M).

Imports In 2022, United States imported $687M in Aircraft Launch Gear, becoming the 1st largest importer of Aircraft Launch Gear in the world. At the same year, Aircraft Launch Gear was the 471st most imported product in United States. United States imports Aircraft Launch Gear primarily from: Canada ($575M), Netherlands ($42.8M), United Kingdom ($22M), United Arab Emirates ($12.9M), and Australia ($4.82M).

The fastest growing import markets in Aircraft Launch Gear for United States between 2021 and 2022 were Canada ($295M), United Arab Emirates ($12.3M), and Italy ($2.89M).

COMPANIES In 2023, leading companies such as LG Electronics (148), Cummins Jaw Warehouse (119), and PACCAR Engine (91) were at the forefront of shipping Aircraft Launch Gear to the United States.

Latest Trends

September 2024

About

Overview In September 2024 United States' Aircraft Launch Gear exports accounted up to $22.1M and imports accounted up to $40.3M, resulting in a negative trade balance of $18.3M. Between September 2023 and September 2024 the exports of United States'   Aircraft Launch Gear have increased by $11M (100%) from $11M to $22.1M, while imports decreased by $-22.6M (-35.9%) from $62.9M to $40.3M.

Destinations In September 2024, Aircraft Launch Gear were exported mostly to Singapore ($9.33M), Belgium ($2.3M), Japan ($1.86M), Malaysia ($1.65M), and Poland ($1.4M), and were imported mostly from Canada ($36.2M), Netherlands ($1.22M), Israel ($722k), France ($622k), and Italy ($314k).

Growth In September 2024, the increase in Aircraft Launch Gear's year-by-year exports was explained primarily by an increase in exports to France ($10M or 2.72k%), Saudi Arabia ($2.52M or 253%), and Australia ($1.52M or 13.6k%). In September 2024, the decrease in Aircraft Launch Gear's year-by-year imports was explained primarily by a decrease in imports from China ($-2.28M or -98.5%), Mexico ($-1.02M or -94.5%), and Italy ($-390k or -98.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$11M(100%)
IMPORT GROWTH (September 2023 - September 2024)$-22.6M(-35.9%)
MAIN EXPORTER (September 2024)Maryland$13.3M
MAIN DESTINATION (September 2024)Singapore$9.33M

This section shows Aircraft Launch Gear'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 Launch Gear over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$318M
IMPORTS (2022)$687M
NET TRADE (2022)-$369M

In 2022, United States exported $318M in Aircraft Launch Gear. The main destinations of United States exports on Aircraft Launch Gear were Canada ($42.2M), Israel ($39.2M), Japan ($30.1M), China ($20.9M), and United Kingdom ($18M).

In 2022, United States imported $687M in Aircraft Launch Gear, mainly from Canada ($575M), Netherlands ($42.8M), United Kingdom ($22M), United Arab Emirates ($12.9M), and Australia ($4.82M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aircraft Launch Gear EXPORT MARKETS FOR United States WERE (2021 - 2022):
Israel$36.1M (1.18k%)
Japan$24.6M (451%)
Canada$18.5M (77.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aircraft Launch Gear BY United States WERE (2021 - 2022):
Niger-$50.1M (-100%)
South Korea-$33.8M (-93.2%)
India-$25.3M (-68.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Aircraft Launch Gear were:
Canada $1.01B
Netherlands $170M
In 2022, United States's main importing competitors in Aircraft Launch Gear were:
Egypt $300M
United Kingdom $129M

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Trade Value of Aircraft Launch Gear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $4.55M
TOP IMPORT POTENTIALUnited Kingdom+ $4.55M

Aircraft Launch Gear’s highest export potential is China. With an export gap of $4.55M.   Aircraft Launch Gear’s highest import potential is United Kingdom with an import gap of $4.55M.

See methodology.

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