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Aircraft, spacecraft and parts thereof

88 (Harmonized System 1992 for 2-digit)

2022
World Trade $182BRnk 25 / 96
2022
Top Exporter | Top Importer $40.3B | $27.3BUnited States | United States
2022
Product Complexity 0.23Rnk 41 / 96
2021 - 2022
Export Growth (CAGR) -0.62%Rnk 73 / 96
2022
Share of World Trade 0.77%Rnk 25 / 96

About

Overview This page contains the latest trade data of Aircraft and spacecraft. In 2022, Aircraft and spacecraft were the world's 25th most traded product, with a total trade of $182B. Between 2021 and 2022 the exports of Aircraft and spacecraft decreased by -0.62%, from $183B to $182B. Trade in Aircraft and spacecraft represent 0.77% of total world trade.

Aircraft and spacecraft are a part of Transportation. They include Planes, Helicopters, and/or Spacecraft, Aircraft Parts, Aircraft Launch Gear, Parachutes, and Non-powered Aircraft.

Exports In 2022 the top exporters of Aircraft and spacecraft  were United States ($40.3B), France ($33.4B), Germany ($29.7B), United Kingdom ($13B), and Canada ($11B).

Imports In 2022 the top importers of Aircraft and spacecraft were United States ($27.3B), France ($13.7B), China ($12.1B), Germany ($10.7B), and United Kingdom ($9.64B).

Ranking Aircraft and spacecraft ranks 41st in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Aircraft and spacecraft. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)United States$40.3B
Top Destination (2022)United States$27.3B

In 2022 Aircraft and spacecraft were the world's 25th most traded product (out of 96).

In 2022, the top exporters of Aircraft and spacecraft were United States ($40.3B), France ($33.4B), Germany ($29.7B), United Kingdom ($13B), and Canada ($11B).

In 2022, the top importers of Aircraft and spacecraft were United States ($27.3B), France ($13.7B), China ($12.1B), Germany ($10.7B), and United Kingdom ($9.64B).

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Exporters of Aircraft and spacecraft (2022)
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Importers of Aircraft and spacecraft (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United Arab Emirates$1.56B
Top Destination Growth (2021 -  2022)Spain$2.3B

Between 2021 and 2022, the exports of Aircraft and spacecraft grew the fastest in United Arab Emirates ($1.56B), United States ($1.36B), Germany ($1.31B), China ($1.13B), and Brazil ($682M).

Between 2021 and 2022, the fastest growing importers of Aircraft and spacecraft were Spain ($2.3B), India ($2.15B), United Kingdom ($1.85B), United States ($1.74B), and Malaysia ($1.54B).

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Exporters of Aircraft and spacecraft (2021 - 2022)

Importers of Aircraft and spacecraft (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Aircraft and spacecraft.

In 2022, market concentration measured using Shannon Entropy, was 3.94. This means that most of the exports of Aircraft and spacecraft are explained by 15 countries.

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Value of Exports in Aircraft and spacecraft

Net Trade

TOP NET EXPORTER (2022)France$19.7B
TOP NET IMPORTER (2022)China$8.45B

This map shows which countries export or import more of Aircraft and spacecraft. Each country is colored based on the difference in exports and imports of Aircraft and spacecraft during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Aircraft and spacecraft were France ($19.7B), Germany ($19B), United States ($13B), Canada ($4.15B), and United Kingdom ($3.33B).

In 2022, the countries that had a largest trade value in imports than in exports of Aircraft and spacecraft were China ($8.45B), India ($7.12B), Ireland ($5.04B), Turkey ($3.67B), and Chinese Taipei ($2.6B).

Net Trade (2022)

Disaggregation

Value
Disaggregation

In 2022, the world most traded Aircraft and spacecraft, disaggragated by their HS6 level were Planes, Helicopters, and/or Spacecraft ($114B), Aircraft Parts ($64.9B), Aircraft Launch Gear ($2.2B), Parachutes ($427M), and Non-powered Aircraft ($78.6M)

HS6 Disaggregation for Aircraft and spacecraft (2022)
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Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Aircraft and spacecraft.
It is possible to select the main countries that export or import Aircraft and spacecraft in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Aircraft and spacecraft by percentage of total exports

Potential Exports

Potential Exports

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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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Product Complexity

Diversification Frontier

Specialization

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.

Relatedness vs Country Complexity (2022)

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