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Parachutes (including dirigible parachutes and paragliders) and rotochutes; parts thereof and accessories thereto

8804 (Harmonized System 1992 for 4-digit)

2022
World Trade $427MRnk 1073 / 1218
2022
Top Exporter | Top Importer $127M | $57.3MUnited States | United States
2021 - 2022
Export Growth (CAGR) 28.5%Rnk 98 / 1218
2022
Share of World Trade 0.0018%Rnk 1073 / 1218

About

Overview This page contains the latest trade data of Parachutes. In 2022, Parachutes were the world's 1073rd most traded product, with a total trade of $427M. Between 2021 and 2022 the exports of Parachutes grew by 28.5%, from $332M to $427M. Trade in Parachutes represent 0.0018% of total world trade.

Parachutes are a part of Aircraft and spacecraft. They include Parachutes, parts and accessories .

Exports In 2022 the top exporters of Parachutes  were United States ($127M), Vietnam ($37.5M), United Kingdom ($29.9M), France ($28.8M), and Canada ($19.3M).

Imports In 2022 the top importers of Parachutes were United States ($57.3M), France ($43.1M), Germany ($39.7M), United Kingdom ($19.9M), and Switzerland ($15.2M).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Parachutes. 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 (2022)United States$127M
Top Destination (2022)United States$57.3M

In 2022 Parachutes were the world's 1073rd most traded product (out of 1,218).

In 2022, the top exporters of Parachutes were United States ($127M), Vietnam ($37.5M), United Kingdom ($29.9M), France ($28.8M), and Canada ($19.3M).

In 2022, the top importers of Parachutes were United States ($57.3M), France ($43.1M), Germany ($39.7M), United Kingdom ($19.9M), and Switzerland ($15.2M).

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Exporters of Parachutes (2022)
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Importers of Parachutes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$52.5M
Top Destination Growth (2021 -  2022)United States$11.5M

Between 2021 and 2022, the exports of Parachutes grew the fastest in United States ($52.5M), France ($8.17M), Vietnam ($7.1M), Poland ($6.14M), and Luxembourg ($5.76M).

Between 2021 and 2022, the fastest growing importers of Parachutes were United States ($11.5M), United Kingdom ($7.56M), Philippines ($6.39M), Saudi Arabia ($4.95M), and Netherlands ($4.75M).

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Exporters of Parachutes (2021 - 2022)

Importers of Parachutes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Parachutes.

In 2022, market concentration measured using Shannon Entropy, was 4.09. This means that most of the exports of Parachutes are explained by 17 countries.

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Value of Exports in Parachutes

Net Trade

TOP NET EXPORTER (2022)United States$69.9M
TOP NET IMPORTER (2022)Germany$21.2M

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

In 2022, the countries that had a largest trade value in exports than in imports of Parachutes were United States ($69.9M), Vietnam ($36.7M), Sri Lanka ($14.6M), Thailand ($10.7M), and Czechia ($10.1M).

In 2022, the countries that had a largest trade value in imports than in exports of Parachutes were Germany ($21.2M), France ($14.3M), Switzerland ($12.9M), Australia ($10.5M), and Saudi Arabia ($10.1M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Parachutes by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited Kingdom+ $96.8k
TOP IMPORT POTENTIALUnited States+ $1.32M

Parachutes’s highest export potential is United Kingdom. With an export gap of $96.8k.  Parachutes’s highest import potential is United States with an import gap of $1.32M.

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)

Country by Relatedness

The following visualization shows the relatedness of Parachutes to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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