Aerospace Exports by Country

Aerospace Exports by Country

Airshow formation

Global sales from aerospace exports by country totaled US$326.4 billion in 2017.

Overall, the value of aerospace exports rose by an average 3.4% for all exporting countries since 2013 when aerospace shipments were valued at $315.5 billion. The value of global aerospace exports declined -1.9% from 2016 to 2017.

From a continental perspective, Europe furnished the highest dollar value worth of aerospace exports during 2017 with shipments amounting to $146.9 billion or 45% of the global total. In second place were North American exporters at 43.4% while 9.3% of worldwide aerospace shipments originated from Asia.

Smaller percentages were sourced from Latin America excluding Mexico but including the Caribbean (1.5%), Oceania (0.5%) and Africa (0.4%).

The 2-digit Harmonized Tariff System code prefix is 88 for aircraft and spacecraft including satellites.

Aerospace Exports by Country

Countries

Below are the 15 countries that exported the highest dollar value worth of aerospace products during 2017:

  1. United States: US$131.2 billion (40.2% of exported aerospace products)
  2. France: $51.6 billion (15.8%)
  3. Germany: $41.8 billion (12.8%)
  4. United Kingdom: $21.1 billion (6.5%)
  5. Canada: $9.7 billion (3%)
  6. Ireland: $6.9 billion (2.1%)
  7. Singapore: $6.6 billion (2%)
  8. Spain: $6.5 billion (2%)
  9. Italy: $4.6 billion (1.4%)
  10. Japan: $4.2 billion (1.3%)
  11. Brazil: $4 billion (1.2%)
  12. China: $3.7 billion (1.1%)
  13. Israel: $3 billion (0.9%)
  14. South Korea: $2.6 billion (0.8%)
  15. Netherlands: $2.4 billion (0.7%)

The listed 15 countries shipped 91.9% of global aerospace exports in 2017 by value.

Among the above countries, the fastest-growing aerospace products exporters since 2013 were: Ireland (up 184.4%), China (up 89.2%), Israel (up 52.2%) and South Korea (up 48.2%).

Those countries that posted declines in their exported aerospace products sales were led by: Italy (down -23.2%), France (down -8.8%), Canada (down -7.8%), Brazil (down -7.4%) and Spain (down -6%).

Advantages

The following countries posted the highest positive net exports for aircraft and spacecraft during 2017. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the surplus between the value of each country’s aircraft exports and its import purchases for that same commodity.

  1. United States: US$100.3 billion (net export surplus up 17.5% since 2013)
  2. France: $27.1 billion (up 1.4%)
  3. Germany: $24.4 billion (up 45.3%)
  4. United Kingdom: $6.1 billion (up 128.1%)
  5. Brazil: $3 billion (up 97.2%)
  6. Italy: $2.5 billion (down -37.1%)
  7. Israel: $2.3 billion (up 64.6%)
  8. Canada: $2 billion (down -48.7%)
  9. Spain: $823 million (down -78.5%)
  10. Belgium: $556 million (down -3.5%)
  11. Mexico: $533.1 million (down -15.1%)
  12. South Korea: $490.4 million (reversing a -$1.2 billion deficit)
  13. Austria: $355 million (down -383.8%)
  14. Czech Republic: $103.8 million (reversing a -$1.3 million deficit)
  15. Gibraltar: $67.9 million (reversing a -$1.3 million deficit)

America has the highest surplus in the international trade of aerospace goods. In turn, this positive cashflow confirms the strong U.S. competitive advantage for this technology-based product category.

Opportunities

The following countries posted the highest negative net exports for aircraft during 2017. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the deficit between the value of each country’s aerospace import purchases and its exports for that same commodity.

  1. China: -US$22.5 billion (net export deficit up 6.1% since 2013)
  2. Ireland: -$11.9 billion (up 50.9%)
  3. United Arab Emirates: -$9.9 billion (up 85%)
  4. Russia: -$4.8 billion (up 1,583%)
  5. Qatar: -$3.5 billion (up 146.8%)
  6. India: -$3.2 billion (reversing a $1.6 billion surplus)
  7. Taiwan: -$3 billion (up 737.4%)
  8. Thailand: -$2.6 billion (down -26.6%)
  9. Vietnam: -$2.2 billion (up 105.8%)
  10. Saudi Arabia: -$1.9 billion (up 70.9%)
  11. Hong Kong: -$1.7 billion (down -35.6%)
  12. Singapore: -$1.4 billion (reversing an $854.8 million surplus)
  13. Malaysia: -$1.3 billion (down -71.7%)
  14. Philippines: -$1.2 billion (down -52.3%)
  15. Turkey: -$1.1 billion (down -32.2%)

China incurred the highest deficit in the international trade of aircraft and spacecraft. In turn, this negative cashflow highlights strong Chinese competitive disadvantage for this specific product category but also signals opportunities for aeropace-supplier countries that help satisfy the powerful Chinese demand.

Companies

Aircraft Exporting Companies

Below are global aerospace conglomerates that represent the largest players in the worldwide aerospace market trade. Shown within parenthesis is the country where the company is headquartered.

  • Airbus (France)
  • Boeing (United States)
  • Finmeccanica (Italy)
  • General Electric (United States)
  • Lockheed Martin (United States)
  • Northrop Grumman (United States)
  • Raytheon (United States)
  • Rolls Royce (United Kingdom)
  • Safran (France)
  • United Technologies (United States)

Searchable List of Aerospace Exporting Countries

You can change the presentation order by clicking the triangle icon at the top of any of the columns below.

RankExporter2017 Aerospace Exports% World Total
1.United StatesUS$131.2 billion40.2%
2.France$51.6 billion15.8%
3.Germany$41.8 billion12.8%
4.United Kingdom$21.1 billion6.5%
5.Canada$9.7 billion3%
6.Ireland$6.9 billion2.1%
7.Singapore$6.6 billion2%
8.Spain$6.5 billion2%
9.Italy$4.6 billion1.4%
10.Japan$4.2 billion1.3%
11.Brazil$4 billion1.2%
12.China$3.7 billion1.1%
13.Israel$3 billion0.9%
14.South Korea$2.6 billion0.8%
15.Netherlands$2.4 billion0.7%
16.Malaysia$2 billion0.6%
17.Switzerland$2 billion0.6%
18.Austria$1.7 billion0.5%
19.Russia$1.7 billion0.5%
20.Turkey$1.5 billion0.5%
21.Australia$1.5 billion0.5%
22.India$1.5 billion0.5%
23.Belgium$1.4 billion0.4%
24.Thailand$1.3 billion0.4%
25.Poland$1.1 billion0.3%
26.Mexico$698.2 million0.2%
27.Philippines$648.4 million0.2%
28.Czech Republic$616.2 million0.2%
29.Hong Kong$583.4 million0.2%
30.Morocco$580.9 million0.2%
31.Norway$550.2 million0.2%
32.Argentina$489.4 million0.1%
33.Denmark$486.6 million0.1%
34.United Arab Emirates$480.4 million0.1%
35.Saudi Arabia$473.7 million0.1%
36.Portugal$457.1 million0.1%
37.Taiwan$431.9 million0.1%
38.Sweden$409.4 million0.1%
39.Finland$357.3 million0.1%
40.South Africa$352.9 million0.1%
41.Vietnam$323.0 million0.1%
42.Romania$306.6 million0.1%
43.Jordan$253.1 million0.1%
44.Tunisia$166.4 million0.1%
45.Qatar$161.2 million0.05%
46.Luxembourg$151 million0.05%
47.Malta$128.0 million0.04%
48.Cyprus$107.7 million0.03%
49.Indonesia$103.9 million0.03%
50.Slovenia$103.6 million0.03%
51.Oman$90.8 million0.03%
52.Kyrgyzstan$78.9 million0.02%
53.Gibraltar$68.1 million0.02%
54.Bermuda$65.4 million0.02%
55.Hungary$64.4 million0.02%
56.Sri Lanka$63.7 million0.02%
57.Aruba$62.8 million0.02%
58.Ecuador$54.7 million0.02%
59.Colombia$50 million0.02%
60.Lithuania$49.2 million0.02%
61.Greece$48.8 million0.01%
62.Bulgaria$47.7 million0.01%
63.Br. Indian Ocean Terr$40.7 million0.01%
64.Belarus$38.7 million0.01%
65.Brunei Darussalam$38.5 million0.01%
66.New Zealand$35 million0.01%
67.Ukraine$34.6 million0.01%
68.Latvia$34.2 million0.01%
69.Croatia$32.7 million0.01%
70.Mozambique$32.5 million0.01%
71.Uganda$25.7 million0.01%
72.Kazakhstan$22.7 million0.01%
73.Slovakia$19.5 million0.01%
74.Peru$19 million0.01%
75.British Virgin Is$15.4 million0.005%
76.Estonia$15.3 million0.005%
77.Moldova$14.3 million0.004%
78.Serbia$13.1 million0.004%
79.Pakistan$8.9 million0.003%
80.Tanzania$7.7 million0.002%
81.Haiti$7.5 million0.002%
82.Macao$7 million0.002%
83.Panama$6.6 million0.002%
84.Botswana$6.3 million0.002%
85.Cabo Verde$6 million0.002%
86.Chile$6 million0.002%
87.Solomon Islands$5.7 million0.002%
88.Mauritius$5.7 million0.002%
89.Cayman Islands$5 million0.002%
90.Lebanon$4.9 million0.001%
91.Democ. Rep. Congo$4.3 million0.001%
92.Azerbaijan$4.1 million0.001%
93.Madagascar$3.7 million0.001%
94.US Minor Outlying Is$3.6 million0.001%
95.Papua New Guinea$3.4 million0.001%
96.Cameroon$3.1 million0.001%
97.Jamaica$2.8 million0.001%
98.French Polynesia$2.5 million0.001%
99.Iceland$2.4 million0.001%
100.Guatemala$2.4 million0.001%
101.Costa Rica$2.4 million0.001%
102.Zambia$2.3 million0.001%
103.Bahrain$2.2 million0.001%
104.Lesotho$2.2 million0.001%
105.Namibia$2 million0.001%
106.Sudan$1.9 million0.001%
107.Mali$1.8 million0.001%
108.Algeria$1.6 million0.0005%
109.Liberia$1.6 million0.0005%
110.Myanmar (Burma)$1.5 million0.0005%
111.Belize$1.2 million0.0004%
112.Montenegro$1.2 million0.0004%
113.Fiji$1.2 million0.0004%
114.Bangladesh$1.1 million0.0003%
115.Kenya$1.1 million0.0003%
116.Congo$1 million0.0003%
117.Benin$988,0000.0003%
118.Suriname$920,0000.0003%
119.Chad$841,0000.0003%
120.Laos$840,0000.0003%
121.Paraguay$837,0000.0003%
122.Swaziland$822,0000.0003%
123.Georgia$746,0000.0002%
124.Cambodia$718,0000.0002%
125.Turkmenistan$715,0000.0002%
126.Afghanistan$680,0000.0002%
127.Bosnia/Herzegovina$655,0000.0002%
128.Ghana$650,0000.0002%
129.Gabon$643,0000.0002%
130.Cuba$624,0000.0002%
131.Senegal$619,0000.0002%
132.Niger$618,0000.0002%
133.Bhutan$615,0000.0002%
134.Venezuela$604,0000.0002%
135.Uzbekistan$596,0000.0002%
136.Faroe Islands$592,0000.0002%
137.Bolivia$569,0000.0002%
138.Barbados$552,0000.0002%
139.Maldives$546,0000.0002%
140.Central African Republic$543,0000.0002%
141.Uruguay$500,0000.0002%
142.New Caledonia$414,0000.0001%
143.Mongolia$402,0000.0001%
144.Macedonia$345,0000.0001%
145.Togo$319,0000.0001%
146.Honduras$307,0000.0001%
147.South Sudan$305,0000.0001%
148.Grenada$290,0000.0001%
149.Iran$274,0000.0001%
150.Zimbabwe$242,0000.0001%
151.Somalia$238,0000.0001%
152.El Salvador$238,0000.0001%
153.Albania$221,0000.0001%
154.Guinea$216,0000.0001%
155.Armenia$209,0000.0001%
156.Greenland$190,0000.0001%
157.Seychelles$190,0000.0001%
158.Iraq$183,0000.0001%
159.Dominica$163,0000.00005%
160.Côte d'Ivoire$156,0000.00005%
161.Tajikistan$150,0000.00005%
162.Curaçao$134,0000.00004%
163.Guyana$123,0000.00004%
164.Malawi$118,0000.00004%
165.Angola$118,0000.00004%
166.Libya$117,0000.00004%
167.Trinidad/Tobago$101,0000.00003%
168.Eritrea$80,0000.00002%
169.North Korea$74,0000.00002%
170.Tokelau$67,0000.00002%
171.Andorra$60,0000.00002%
172.Timor-Leste$52,0000.00002%
173.Turks/Caicos Is$46,0000.00001%
174.Sierra Leone$45,0000.00001%
175.Equatorial Guinea$42,0000.00001%
176.Vanuatu$36,0000.00001%
177.Rwanda$35,0000.00001%
178.Wallis/Futuna Is$35,0000.00001%
179.Marshall Islands$31,0000.00001%
180.Burkina Faso$27,0000.00001%
181.Yemen$27,0000.00001%
182.Gambia$21,0000.00001%
183.Kiribati$19,0000.00001%
184.Falkland Is (Malvinas)$19,0000.00001%
185.Cook Islands$19,0000.00001%
186.Dominican Republic$18,0000.00001%
187.Nepal$18,0000.00001%
188.St Vincent/Grenadines$16,0000.000005%
189.Anguilla$14,0000.000004%
190.Saint Helena$6,0000.000002%
191.Cocos (Keeling) Is$6,0000.000002%
192.Bahamas$6,0000.000002%
193.Djibouti$6,0000.000002%
194.Northern Mariana Is$5,0000.000002%
195.Micronesia$2,0000.000001%
196.Palau$2,0000.000001%
197.Kuwait$2,0000.000001%
198.St Maarten (Dutch)$2,0000.000001%
199.Nicaragua$2,0000.000001%
200.Montserrat$2,0000.000001%
201.Comoros$2,0000.000001%
202.Antigua/Barbuda$1,0000.0000003%
203.Niue$1,0000.0000003%
204.Syria$1,0000.0000003%


See also United States Top 10 Exports, America’s Top Trading Partners and Highest Value US Export Products

Research Sources:
The World Factbook, Field Listing: Exports – Commodities, Central Intelligence Agency. Accessed on June 4, 2018

Trade Map, International Trade Centre. Accessed on June 4, 2018

Investopedia, Net Exports Definition. Accessed on January 19, 2016

Fire Support Aerospace and Defense Marketing, Top 100 Aerospace Companies — 2014. Accessed on January 19, 2016