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Pricing

2022
Exports $10.2BWorld Rnk 2 / 208
Flag Rnk 8 / 1216
2022
Destination $76.2M Germany
2021 - 2022
FASTEST GROWING MARKET $76.2MQatar
2022
PRODUCT COMPLEXITY IN Aircraft Parts0.79Rnk 246 / 1025
2022
Imports $4.73BWorld Rnk 4 / 217
Flag Rnk 20 / 1214
2022
Origin $517M United States
2021 - 2022
FASTEST GROWING ORIGIN $517MUnited States
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $10.2B in Aircraft Parts, making it the 2nd largest exporter of Aircraft Parts in the world. At the same year, Aircraft Parts was the 8th most exported product in United Kingdom. The main destination of Aircraft Parts exports from United Kingdom are: Germany ($2.64B), United States ($2.1B), France ($1.84B), Canada ($499M), and Spain ($379M).

The fastest growing export markets for Aircraft Parts of United Kingdom between 2021 and 2022 were Qatar ($76.2M), United Arab Emirates ($72.2M), and Canada ($68.4M).

Imports In 2022, United Kingdom imported $4.73B in Aircraft Parts, becoming the 4th largest importer of Aircraft Parts in the world. At the same year, Aircraft Parts was the 20th most imported product in United Kingdom. United Kingdom imports Aircraft Parts primarily from: United States ($1.07B), France ($611M), Germany ($365M), Spain ($339M), and Belgium ($278M).

The fastest growing import markets in Aircraft Parts for United Kingdom between 2021 and 2022 were United States ($517M), Italy ($63.1M), and South Korea ($58.6M).

COMPANIES In 2023, leading companies such as Amazon (1) were at the forefront of shipping Aircraft Parts from United Kingdom to the United States.

Latest Trends

December 2021

About

Overview In December 2021 United Kingdom's Aircraft Parts exports accounted up to £771M and imports accounted up to £227M, resulting in a positive trade balance of £544M. Between December 2020 and December 2021 the exports of United Kingdom's   Aircraft Parts have increased by £53.8M (7.5%) from £717M to £771M, while imports increased by £1.91M (0.85%) from £225M to £227M.

Destinations In December 2021, Aircraft Parts were exported mostly to , and were imported mostly from .

Growth In December 2021, the increase in Aircraft Parts's year-by-year exports was explained primarily by an increase in exports to . In December 2021, the increase in Aircraft Parts's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2020 - December 2021)£53.8M(7.5%)
IMPORT GROWTH (December 2020 - December 2021)£1.91M(0.85%)
MAIN EXPORTER (December 2021)
MAIN DESTINATION (December 2021)

This section shows Aircraft Parts's exports and imports data at subnational level for United Kingdom. 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 Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$10.2B
IMPORTS (2022)$4.73B
NET TRADE (2022)$5.49B

In 2022, United Kingdom exported $10.2B in Aircraft Parts. The main destinations of United Kingdom exports on Aircraft Parts were Germany ($2.64B), United States ($2.1B), France ($1.84B), Canada ($499M), and Spain ($379M).

In 2022, United Kingdom imported $4.73B in Aircraft Parts, mainly from United States ($1.07B), France ($611M), Germany ($365M), Spain ($339M), and Belgium ($278M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aircraft Parts EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Qatar$76.2M (293%)
United Arab Emirates$72.2M (133%)
Canada$68.4M (15.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aircraft Parts BY United Kingdom WERE (2021 - 2022):
Germany-$388M (-12.8%)
United States-$103M (-4.66%)
Italy-$66M (-16.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Aircraft Parts were:
United States $12.2B
Germany $7.08B
In 2022, United Kingdom's main importing competitors in Aircraft Parts were:
United States $13.3B
France $9.38B
Germany $7.34B

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Trade Value of Aircraft Parts by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Aircraft Parts’s highest export potential is N/A. With an export gap of N/A.   Aircraft Parts’s highest import potential is N/A with an import gap of N/A.

See methodology.

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