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Aircraft propellers, rotors and parts thereof

880310 (Harmonized System 1992 for 6-digit)

2023
World Trade $2.26BRnk 1316 / 4644
2023
Top Exporter | Top Importer $957M | $371MUnited States | United States
2023
Product Complexity -0.03Rnk 2593 / 4656
2022 - 2023
Export Growth (CAGR) 15.2%Rnk 435 / 4644
2023
Share of World Trade 0.01%Rnk 1316 / 4644

About

Overview This page contains the latest trade data of Aircraft propellers, rotors and parts . In 2023, Aircraft propellers, rotors and parts were the world's 1316th most traded product, with a total trade of $2.26B. Between 2022 and 2023 the exports of Aircraft propellers, rotors and parts grew by 15.2%, from $1.96B to $2.26B. Trade in Aircraft propellers, rotors and parts represent 0.01% of total world trade.

Aircraft propellers, rotors and parts are a part of Aircraft parts (gliders, balloons, and powered aircraft).

Exports In 2023 the top exporters of Aircraft propellers, rotors and parts  were United States ($957M), France ($306M), United Kingdom ($205M), Italy ($176M), and Germany ($119M).

Imports In 2023 the top importers of Aircraft propellers, rotors and parts were United States ($371M), Canada ($323M), United Kingdom ($202M), Saudi Arabia ($114M), and Japan ($100M).

Ranking Aircraft propellers, rotors and parts ranks 2593rd in the Product Complexity Index (PCI).

Description A propeller is a rotating device that is used to push and pull an airplane. This device is attached to the front of the airplane, and is made up of blades. Propellers work by pushing air downwards, and as the propeller turns it creates an upward air thrust. A rotor is a device that is used to produce lift. Helicopters use a rotor to produce lift, and it is made up of blades that are mounted on a shaft. The blades are made up of airfoils that are shaped like a teardrop. The propellers and rotors work

Latest Trends

Latest Data

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The following visualization shows the latest trends on Aircraft propellers, rotors and parts . Countries are shown based on data availability.

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

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* 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 (2023)United States$957M
Top Destination (2023)United States$371M

In 2023 Aircraft propellers, rotors and parts were the world's 1316th most traded product (out of 4,644).

In 2023, the top exporters of Aircraft propellers, rotors and parts were United States ($957M), France ($306M), United Kingdom ($205M), Italy ($176M), and Germany ($119M).

In 2023, the top importers of Aircraft propellers, rotors and parts were United States ($371M), Canada ($323M), United Kingdom ($202M), Saudi Arabia ($114M), and Japan ($100M).

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Exporters of Aircraft propellers, rotors and parts (2023)
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Importers of Aircraft propellers, rotors and parts (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$194M
Top Destination Growth (2022 -  2023)Australia$44.9M

Between 2022 and 2023, the exports of Aircraft propellers, rotors and parts grew the fastest in United States ($194M), Spain ($33.9M), France ($24.7M), United Kingdom ($24.4M), and Italy ($21.3M).

Between 2022 and 2023, the fastest growing importers of Aircraft propellers, rotors and parts were Australia ($44.9M), Canada ($34M), United Arab Emirates ($33.7M), United States ($28.6M), and United Kingdom ($27.5M).

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Exporters of Aircraft propellers, rotors and parts (2022 - 2023)

Importers of Aircraft propellers, rotors and parts (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Aircraft propellers, rotors and parts .

In 2023, market concentration measured using Shannon Entropy, was 3.24. This means that most of the exports of Aircraft propellers, rotors and parts are explained by 9 countries.

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Value of Exports in Aircraft propellers, rotors and parts

Net Trade

TOP NET EXPORTER (2023)United States$586M
TOP NET IMPORTER (2023)Canada$264M

This map shows which countries export or import more of Aircraft propellers, rotors and parts . Each country is colored based on the difference in exports and imports of Aircraft propellers, rotors and parts during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Aircraft propellers, rotors and parts were United States ($586M), France ($242M), Italy ($95.3M), Germany ($69.3M), and Austria ($60M).

In 2023, the countries that had a largest trade value in imports than in exports of Aircraft propellers, rotors and parts were Canada ($264M), Saudi Arabia ($106M), Japan ($89.6M), Australia ($62.7M), and Norway ($48.2M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Aircraft propellers, rotors and parts by percentage of total exports

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 (2023)

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