Commodity | Reporter | Partner | Trade flow | Indicator | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
88. Aircraft, spacecraft, and parts thereof | Canada | USA | Exports | Value (US$) | 5,525,901,992.00 | 6,074,325,642.00 | 7,357,116,670.00 | 7,702,655,550.00 | 5,625,729,413.00 | 4,892,743,264.03 | 5,110,710,783.70 | 6,460,839,991.13 | 6,080,712,804.77 | 5,801,107,677.78 | 5,577,462,153.84 | 7,581,595,222.24 |
Value Growth, YoY (%) | 13.38 | 9.92 | 21.11 | 4.69 | -26.96 | -13.02 | 4.45 | 26.41 | -5.88 | -4.59 | -3.85 | 35.93 |
The value of exports of commodity group 88 "Aircraft, spacecraft, and parts thereof" from Canada to USA totalled $ 7.58 billion in 2023. Sales of commodity group 88 from Canada to USA increased by 35% compared to 2022: exports of commodity group 88 "Aircraft, spacecraft, and parts thereof" went up by $ 2 billion (exports of commodity group 88 from Canada to USA were equal to $5.57 billion in 2022)
Exports of "Aircraft, spacecraft, and parts thereof" from Canada to USA accounted for 1.72% of the total merchandise exports in 2023 (total sales of goods from Canada to USA were equal to $ 439 billion in 2023). The share of commodity group 88 grew up by 0.509 p.p. in overall exports from Canada to USA compared to 2022 (it was 1.21% in 2022 and cumulative exports from Canada to USA were equal to $ 458 billion).
The share of USA in total exports of commodity group 88 "Aircraft, spacecraft, and parts thereof" from Canada was 64 percent (7.58 billion USD) in 2023 of 11.7 billion USD - the value of overall merchandise exports of commodity group 88 from Canada in 2023. The share of USA in exports of commodity group 88 "Aircraft, spacecraft, and parts thereof" from Canada grew up by 9.36 p.p. in value terms compared to 2022 (it was 55 percent in 2022, and overall exports of commodity group 88 "Aircraft, spacecraft, and parts thereof" from Canada amounted to 10.1 billion USD).