Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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European Union | Imports and Exports | World | Aircraft, spacecraft, and parts thereof | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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The value of exports of commodity group 88 "Aircraft, spacecraft, and parts thereof" from European Union totalled $ 71 billion in 2023. Sales of commodity group 88 from European Union went up by 28% compared to 2022: exports of commodity group 88 "Aircraft, spacecraft, and parts thereof" went up by $ 15.9 billion (cumulative exports of commodity group 88 from European Union amounted $55 billion in 2022)

Exports of commodity group 88 "Aircraft, spacecraft, and parts thereof" amounted to 2.58% of total exports from European Union (cumulative merchandise exports from European Union totalled $ 2.76 trillion in 2023). The share of commodity group 88 in total exports from European Union increased by 0.372 p.p. compared to 2022 (it was 2.21% in 2022 and cumulative exports from European Union were equal to $ 2.5 trillion).

Where does European Union export Aircraft, spacecraft, and parts thereof?

Top export destinations of "Aircraft, spacecraft, and parts thereof" from European Union in 2023:

  • USA with a share of 15.8% (11.3 billion US$)
  • China with a share of 11.2% (8 billion US$)
  • United Kingdom with a share of 10.3% (7.41 billion US$)
  • India with a share of 8.37% (5.98 billion US$)
  • Special Categories with a share of 7% (5 billion US$)
  • Turkey with a share of 6.13% (4.38 billion US$)
  • Saudi Arabia with a share of 3.22% (2.3 billion US$)
  • Japan with a share of 2.77% (1.97 billion US$)
  • Mexico with a share of 2.47% (1.77 billion US$)
  • Brazil with a share of 2.37% (1.69 billion US$)

Exports structure of 88 - Aircraft, spacecraft, and parts thereof - from European Union in 2023 represented by the following main commodity groups:

  • 73% (52 billion US$): 8802 - Other aircraft (for example, helicopters, aeroplanes); spacecraft (including satellites) and suborbital and spacecraft launch vehicles
  • 0.361% (258 million US$): 8805 - Aircraft launching gear; deck-arrestor or similar gear; ground flying trainers; parts of the foregoing articles.
  • 0.08% (57 million US$): 8804 - Parachutes (including dirigible parachutes and paragliders) and rotochutes; parts thereof and accessories thereto
  • 0.028% (20 million US$): 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 European Union totalled $ 37 billion in 2023. Sales of commodity group 88 to European Union went up by 22% compared to 2022: imports of commodity group 88 "Aircraft, spacecraft, and parts thereof" went up by $ 6.92 billion (the value of imports of commodity group 88 to European Union was equal to $30 billion in 2022)

Imports of commodity group 88 "Aircraft, spacecraft, and parts thereof" accounted for 1.38% of total import flow to European Union (in 2023, total imports to European Union amounted to $ 2.71 trillion). The share of commodity group 88 in total imports to European Union increased by 0.371 p.p. compared to 2022 (it was 1.01% in 2022 and cumulative imports to European Union were equal to $ 3.02 trillion).

Where does European Union import Aircraft, spacecraft, and parts thereof from?

Top trading partners (import of "Aircraft, spacecraft, and parts thereof") of European Union in 2023:

  • USA with a share of 52% (19.8 billion US$)
  • United Kingdom with a share of 16.8% (6.32 billion US$)
  • Canada with a share of 6.9% (2.59 billion US$)
  • Special Categories with a share of 3.87% (1.45 billion US$)
  • China with a share of 3.46% (1.3 billion US$)
  • Brazil with a share of 2.1% (790 million US$)
  • Switzerland with a share of 1.94% (730 million US$)
  • Korea with a share of 1.81% (680 million US$)
  • Singapore with a share of 1.72% (647 million US$)
  • Turkey with a share of 1.51% (570 million US$)

Imports structure of 88 - Aircraft, spacecraft, and parts thereof - to European Union in 2023 represented by the following main commodity groups:

  • 56% (21 billion US$): 8802 - Other aircraft (for example, helicopters, aeroplanes); spacecraft (including satellites) and suborbital and spacecraft launch vehicles
  • 0.624% (234 million US$): 8805 - Aircraft launching gear; deck-arrestor or similar gear; ground flying trainers; parts of the foregoing articles.
  • 0.261% (98 million US$): 8804 - Parachutes (including dirigible parachutes and paragliders) and rotochutes; parts thereof and accessories thereto
  • 0.029% (11.2 million US$): 8801 - Balloons and dirigibles; gliders, hang gliders and other non-powered aircraft

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European Union | Imports and Exports | World | Aircraft, spacecraft, and parts thereof | Value (US$) and Value Growth, YoY (%) | 2012 - 2023