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Parachutes, parts and accessories thereof

880400 (Harmonized System 1992 for 6-digit)

2023
World Trade $382MRnk 3118 / 4644
2023
Top Exporter | Top Importer $99.7M | $64.2MUnited States | United States
2023
Product Complexity 0.32Rnk 2000 / 4656
2022 - 2023
Export Growth (CAGR) -0.21%Rnk 1580 / 4644
2023
Share of World Trade 0.0017%Rnk 3118 / 4644

About

Overview This page contains the latest trade data of Parachutes, parts and accessories . In 2023, Parachutes, parts and accessories were the world's 3118th most traded product, with a total trade of $382M. Between 2022 and 2023 the exports of Parachutes, parts and accessories decreased by -0.21%, from $382M to $382M. Trade in Parachutes, parts and accessories represent 0.0017% of total world trade.

Parachutes, parts and accessories are a part of Parachutes.

Exports In 2023 the top exporters of Parachutes, parts and accessories  were United States ($99.7M), Vietnam ($41.1M), United Kingdom ($28.5M), France ($25.8M), and Canada ($25.1M).

Imports In 2023 the top importers of Parachutes, parts and accessories were United States ($64.2M), France ($36.9M), Germany ($26.3M), United Kingdom ($20.8M), and Switzerland ($18.4M).

Ranking Parachutes, parts and accessories ranks 2000th in the Product Complexity Index (PCI).

Description A parachute is a device used to slow the descent of an object through an atmosphere. A parachute can be used to lower a person to the ground, to provide drag in order to prevent an aircraft from stalling, or as a brake to help a car to slow down. Parachutes are normally used in emergency situations to save the lives of passengers.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Parachutes, parts and accessories . 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$99.7M
Top Destination (2023)United States$64.2M

In 2023 Parachutes, parts and accessories were the world's 3118th most traded product (out of 4,644).

In 2023, the top exporters of Parachutes, parts and accessories were United States ($99.7M), Vietnam ($41.1M), United Kingdom ($28.5M), France ($25.8M), and Canada ($25.1M).

In 2023, the top importers of Parachutes, parts and accessories were United States ($64.2M), France ($36.9M), Germany ($26.3M), United Kingdom ($20.8M), and Switzerland ($18.4M).

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Exporters of Parachutes, parts and accessories (2023)
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Importers of Parachutes, parts and accessories (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)France$8.29M
Top Destination Growth (2022 -  2023)Thailand$8.38M

Between 2022 and 2023, the exports of Parachutes, parts and accessories grew the fastest in France ($8.29M), Canada ($6.88M), Saudi Arabia ($5.86M), China ($4.98M), and South Africa ($4.31M).

Between 2022 and 2023, the fastest growing importers of Parachutes, parts and accessories were Thailand ($8.38M), United States ($7.49M), Luxembourg ($6.4M), Japan ($5.28M), and United Kingdom ($2.92M).

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Exporters of Parachutes, parts and accessories (2022 - 2023)

Importers of Parachutes, parts and accessories (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Parachutes, parts and accessories .

In 2023, market concentration measured using Shannon Entropy, was 4.13. This means that most of the exports of Parachutes, parts and accessories are explained by 17 countries.

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Value of Exports in Parachutes, parts and accessories

Net Trade

TOP NET EXPORTER (2023)Vietnam$40.6M
TOP NET IMPORTER (2023)Switzerland$17.3M

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

In 2023, the countries that had a largest trade value in exports than in imports of Parachutes, parts and accessories were Vietnam ($40.6M), United States ($35.4M), China ($15.2M), Sri Lanka ($13.8M), and Canada ($13.2M).

In 2023, the countries that had a largest trade value in imports than in exports of Parachutes, parts and accessories were Switzerland ($17.3M), Germany ($12.8M), Japan ($11.7M), France ($11.1M), and Australia ($9.62M).

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 Parachutes, parts and accessories .
It is possible to select the main countries that export or import Parachutes, parts and accessories in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Parachutes, parts and accessories 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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