The value of exports of commodity group 88 "Aircraft, spacecraft, and parts thereof" from China totalled $ 6.81 billion in 2023. Sales of commodity group 88 from China went up by 22% compared to 2022: exports of commodity group 88 "Aircraft, spacecraft, and parts thereof" went up by $ 1.24 billion (cumulative exports of commodity group 88 from China amounted $5.56 billion in 2022)
Exports of commodity group 88 "Aircraft, spacecraft, and parts thereof" amounted to 0.201% of total exports from China (cumulative merchandise exports from China totalled $ 3.37 trillion in 2023). The share of commodity group 88 in total exports from China increased by 0.046 p.p. compared to 2022 (it was 0.154% in 2022 and cumulative exports from China were equal to $ 3.59 trillion).
Where does China export Aircraft, spacecraft, and parts thereof?
Top export destinations of "Aircraft, spacecraft, and parts thereof" from China in 2023:
- Hong Kong with a share of 18.2% (1.24 billion US$)
- USA with a share of 13.5% (924 million US$)
- France with a share of 6.97% (475 million US$)
- Spain with a share of 6.1% (415 million US$)
- Korea with a share of 5.43% (370 million US$)
- Germany with a share of 3.94% (268 million US$)
- Canada with a share of 3.77% (256 million US$)
- Philippines with a share of 3.55% (242 million US$)
- United Kingdom with a share of 3.12% (212 million US$)
- Russia with a share of 2.78% (189 million US$)
Exports structure of 88 - Aircraft, spacecraft, and parts thereof - from China in 2023 represented by the following main commodity groups:
- 42% (2.91 billion US$): 8802 - Other aircraft (for example, helicopters, aeroplanes); spacecraft (including satellites) and suborbital and spacecraft launch vehicles
- 0.236% (16.1 million US$): 8805 - Aircraft launching gear; deck-arrestor or similar gear; ground flying trainers; parts of the foregoing articles.
- 0.072% (4.95 million US$): 8804 - Parachutes (including dirigible parachutes and paragliders) and rotochutes; parts thereof and accessories thereto
- 0.02% (1.39 million US$): 8801 - Balloons and dirigibles; gliders, hang gliders and other non-powered aircraft
The value of imports of commodity group 88 "Aircraft, spacecraft, and parts thereof" to China totalled $ 11.2 billion in 2023. Sales of commodity group 88 to China went up by 2.95% compared to 2022: imports of commodity group 88 "Aircraft, spacecraft, and parts thereof" went up by $ 323 million (the value of imports of commodity group 88 to China was equal to $10.9 billion in 2022)
Imports of commodity group 88 "Aircraft, spacecraft, and parts thereof" accounted for 0.441% of total import flow to China (in 2023, total imports to China amounted to $ 2.55 trillion). The share of commodity group 88 in total imports to China increased by 0.037 p.p. compared to 2022 (it was 0.403% in 2022 and cumulative imports to China were equal to $ 2.71 trillion).
Where does China import Aircraft, spacecraft, and parts thereof from?
Top trading partners (import of "Aircraft, spacecraft, and parts thereof") of China in 2023:
- France with a share of 34% (3.92 billion US$)
- USA with a share of 31% (3.55 billion US$)
- Germany with a share of 22% (2.5 billion US$)
- Canada with a share of 3.93% (444 million US$)
- United Kingdom with a share of 1.8% (203 million US$)
- Italy with a share of 1.24% (140 million US$)
- Russia - 83 million US$
- Spain - 78 million US$
- Korea - 69 million US$
- Japan - 32 million US$
Imports structure of 88 - Aircraft, spacecraft, and parts thereof - to China in 2023 represented by the following main commodity groups:
- 73% (8.27 billion US$): 8802 - Other aircraft (for example, helicopters, aeroplanes); spacecraft (including satellites) and suborbital and spacecraft launch vehicles
- 1.14% (128 million US$): 8805 - Aircraft launching gear; deck-arrestor or similar gear; ground flying trainers; parts of the foregoing articles.
- 0.015% (1.71 million US$): 8804 - Parachutes (including dirigible parachutes and paragliders) and rotochutes; parts thereof and accessories thereto
- 0.007% (880 thousand US$): 8801 - Balloons and dirigibles; gliders, hang gliders and other non-powered aircraft