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2022
Exports $27.6BWorld Rnk 1 / 152
Flag Rnk 15 / 1217
2022
Destination $1.48B Ireland
2021 - 2022
FASTEST GROWING MARKET $1.48BMalaysia
2022
PRODUCT COMPLEXITY IN Planes, Helicopters, and/or Spacecraft0.3Rnk 448 / 1025
2022
Imports $13.3BWorld Rnk 1 / 184
Flag Rnk 47 / 1216
2022
Origin $989M France
2021 - 2022
FASTEST GROWING ORIGIN $989MFrance
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $27.6B in Planes, Helicopters, and/or Spacecraft, making it the 1st largest exporter of Planes, Helicopters, and/or Spacecraft in the world. At the same year, Planes, Helicopters, and/or Spacecraft was the 15th most exported product in United States. The main destination of Planes, Helicopters, and/or Spacecraft exports from United States are: Ireland ($5.87B), China ($2.74B), Malaysia ($1.56B), Singapore ($1.27B), and Canada ($1.25B).

The fastest growing export markets for Planes, Helicopters, and/or Spacecraft of United States between 2021 and 2022 were Malaysia ($1.48B), China ($1.43B), and Singapore ($854M).

Imports In 2022, United States imported $13.3B in Planes, Helicopters, and/or Spacecraft, becoming the 1st largest importer of Planes, Helicopters, and/or Spacecraft in the world. At the same year, Planes, Helicopters, and/or Spacecraft was the 47th most imported product in United States. United States imports Planes, Helicopters, and/or Spacecraft primarily from: France ($3.26B), Canada ($3.24B), Brazil ($1.93B), Germany ($1.67B), and Ireland ($698M).

The fastest growing import markets in Planes, Helicopters, and/or Spacecraft for United States between 2021 and 2022 were France ($989M), Germany ($678M), and Brazil ($590M).

COMPANIES In 2023, leading companies such as Pirelli Tires (205), Molson Coors (93), and Rothfos (9) were at the forefront of shipping Planes, Helicopters, and/or Spacecraft to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Planes, Helicopters, and/or Spacecraft exports accounted up to $387M and imports accounted up to $1.19B, resulting in a negative trade balance of $800M. Between August 2023 and August 2024 the exports of United States'   Planes, Helicopters, and/or Spacecraft have increased by $131M (50.9%) from $257M to $387M, while imports increased by $412M (53.2%) from $775M to $1.19B.

Destinations In August 2024, Planes, Helicopters, and/or Spacecraft were exported mostly to Norway ($238M), Bahrain ($105M), India ($44M), Nigeria ($179k), and Japan ($86.9k), and were imported mostly from France ($340M), Germany ($285M), Canada ($268M), Brazil ($203M), and Switzerland ($77.9M).

Growth In August 2024, the increase in Planes, Helicopters, and/or Spacecraft's year-by-year exports was explained primarily by an increase in exports to . In August 2024, the increase in Planes, Helicopters, and/or Spacecraft's year-by-year imports was explained primarily by an increase in imports from Germany ($214M or 731%), Switzerland ($30.2M or 139%), and Italy ($18.1M or 1.18k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$131M(50.9%)
IMPORT GROWTH (August 2023 - August 2024)$412M(53.2%)
MAIN EXPORTER (August 2024)Virginia$238M
MAIN DESTINATION (August 2024)Norway$238M

This section shows Planes, Helicopters, and/or 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 Planes, Helicopters, and/or Spacecraft over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$27.6B
IMPORTS (2022)$13.3B
NET TRADE (2022)$14.4B

In 2022, United States exported $27.6B in Planes, Helicopters, and/or Spacecraft. The main destinations of United States exports on Planes, Helicopters, and/or Spacecraft were Ireland ($5.87B), China ($2.74B), Malaysia ($1.56B), Singapore ($1.27B), and Canada ($1.25B).

In 2022, United States imported $13.3B in Planes, Helicopters, and/or Spacecraft, mainly from France ($3.26B), Canada ($3.24B), Brazil ($1.93B), Germany ($1.67B), and Ireland ($698M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Planes, Helicopters, and/or Spacecraft EXPORT MARKETS FOR United States WERE (2021 - 2022):
Malaysia$1.48B (1.8k%)
China$1.43B (108%)
Singapore$854M (204%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Planes, Helicopters, and/or Spacecraft BY United States WERE (2021 - 2022):
Germany-$1.65B (-66.7%)
Saudi Arabia-$966M (-59.3%)
Ireland-$666M (-10.2%)
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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 Planes, Helicopters, and/or Spacecraft were:
France $26.6B
Germany $22.5B
In 2022, United States's main importing competitors in Planes, Helicopters, and/or Spacecraft were:
China $9.45B
Ireland $8.23B

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Trade Value of Planes, Helicopters, and/or Spacecraft by Exporters

Potential Exports

Potential Exports

Flow
View
N/AN/AN/A
TOP IMPORT POTENTIALCanada+ $636M

Planes, Helicopters, and/or Spacecraft’s highest export potential is N/A. With an export gap of N/A.   Planes, Helicopters, and/or Spacecraft’s highest import potential is Canada with an import gap of $636M.

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