Commodity | Reporter | Partner | Trade flow | Indicator | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
88. Aircraft, spacecraft, and parts thereof | European Union | USA | Imports | Value (US$) | 19,598,558,135.00 | 22,221,359,009.67 | 23,535,445,087.06 | 28,636,258,809.81 | 34,322,287,964.05 | 31,564,401,882.36 | 28,309,005,220.71 | 26,912,390,508.89 | 14,546,501,366.69 | 17,413,323,121.15 | 17,487,230,306.26 | 19,877,830,960.27 |
Value Growth, YoY (%) | 15.45 | 13.38 | 5.91 | 21.67 | 19.85 | -8.03 | -10.31 | -4.93 | -45.94 | 19.70 | 0.42 | 13.67 |
The value of imports of commodity group 88 "Aircraft, spacecraft, and parts thereof" to European Union from USA totalled $ 19.8 billion in 2023. Sales of commodity group 88 to European Union from USA increased by 13.6% compared to 2022: imports of commodity group 88 "Aircraft, spacecraft, and parts thereof" went up by $ 2.39 billion (the value of sales of commodity group 88 to European Union from USA was equal to $17.4 billion in 2022)
Imports of commodity group 88 amounted to 5.42% of total merchandise imports to European Union from USA (in 2023, total imports to European Union from USA were $ 366 billion). The share of commodity group 88 in total imports to European Union from USA went up by 0.735 p.p. compared to 2022 (it was 4.69% in 2022 and cumulative imports to European Union from USA were equal to $ 372 billion).
The share of USA in total imports of commodity group 88 "Aircraft, spacecraft, and parts thereof" to European Union amounted to 52 percent (19.8 billion USD) in 2023 of 37 billion USD - the value of total merchandise imports of commodity group 88 to European Union in 2023. The share of USA in imports of commodity group 88 "Aircraft, spacecraft, and parts thereof" to European Union went down by -4.16 p.p. in value compared to 2022 (it was 57 percent in 2022, and total imports of commodity group 88 to European Union were equal to 30 billion USD).