Aerospace Exports by Country

Aerospace Exports by Country

Airshow formation

Global sales for aerospace products exported by country totaled US$331.7 billion in 2018.

Overall, the value of aerospace exports rose by an average 2.1% for all exporting countries since 2014 when aerospace shipments were valued at $324.9 billion. The value of international aerospace exports rose a modest 0.2% from 2017 to 2018.

From a continental perspective, North America sold the highest dollar value worth of aerospace exports during 2018 at 45.3% of the worldwide total while 42.8% worth originated from Europe. In third place were Asian exporters at 9.6%.

Smaller percentages were sourced from Latin America (1.3%) excluding Mexico but including the Caribbean, Oceania (0.5%) led by Australia, and Africa (also 0.5%).

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 2018.

  1. United States: US$139.1 billion (41.9% of exported aerospace products)
  2. France: $51.8 billion (15.6%)
  3. Germany: $41.4 billion (12.5%)
  4. United Kingdom: $19 billion (5.7%)
  5. Canada: $10.6 billion (3.2%)
  6. Singapore: $7.4 billion (2.2%)
  7. Spain: $6.6 billion (2%)
  8. Ireland: $5.8 billion (1.8%)
  9. Italy: $5.1 billion (1.5%)
  10. China: $4.6 billion (1.4%)
  11. Japan: $4.3 billion (1.3%)
  12. Brazil: $4 billion (1.2%)
  13. South Korea: $2.6 billion (0.8%)
  14. Israel: $2.2 billion (0.7%)
  15. Malaysia: $2.1 billion (0.6%)

The listed 15 countries shipped 92.5% of global aerospace exports in 2018 by value.

Among the top exporters, the fastest-growing aerospace products exporters since 2014 were: Malaysia (up 139.6%), Ireland (up 75.1%), China (up 74.2%) and South Korea (up 56.9%).

Those countries that posted declines in their exported aerospace products sales were led by: Japan (down -19.7%), Italy (down -18.1%), Canada (down -14.8%), France (down -10.1%) and Germany (down -5.3%).

Advantages

The following countries posted the highest positive net exports for aircraft and spacecraft during 2018. 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$107.3 billion (net export surplus up 18.3% since 2014)
  2. France: $30.8 billion (up 9.7%)
  3. Germany: $24.5 billion (up 62.4%)
  4. United Kingdom: $7.9 billion (reversing a -$311 million deficit)
  5. Italy: $2.9 billion (down -22.7%)
  6. Brazil: $2.9 billion (up 104.1%)
  7. Spain: $2.5 billion (down -11%)
  8. Canada: $2.2 billion (down -52%)
  9. Austria: $843.8 million (up 161.7%)
  10. Israel: $536.4 million (down -44%)
  11. Mexico: $441.8 million (down -31%)
  12. India: $382.6 million (down -91.7%)
  13. Belgium: $233 million (down -11.3%)
  14. Australia: $120.4 million (down -90.1%)
  15. Tunisia: $65.7 million (up 64.3%)

The United States of 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 2018. 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$26.1 billion (net export deficit up 1.1% since 2014)
  2. Ireland: -$18.6 billion (up 87.1%)
  3. United Arab Emirates: -$6.6 billion (down -0.1%)
  4. Qatar: -$4.8 billion (up 202.3%)
  5. Singapore: -$4.4 billion (up 1746.9%)
  6. Saudi Arabia: -$4 billion (up 248.5%)
  7. Japan: -$2.4 billion (up 57.3%)
  8. Philippines: -$2.3 billion (down -1.8%)
  9. Taiwan: -$2.2 billion (up 66.7%)
  10. Vietnam: -$2.1 billion (up 1521.9%)
  11. Thailand: -$2 billion (down -13.3%)
  12. Ethiopia: -$1.9 billion (up 1652.4%)
  13. Malaysia: -$1.8 billion (down -50.5%)
  14. Turkey: -$1.7 billion (down -31.4%)
  15. Hong Kong: -$1.5 billion (up 6.5%)

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 in 2018

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

RankExporterAerospace Exports (US$)%World Total
1.United States$139.1 billion41.9%
2.France$51.8 billion15.6%
3.Germany$41.4 billion12.5%
4.United Kingdom$19 billion5.7%
5.Canada$10.6 billion3.2%
6.Singapore$7.4 billion2.2%
7.Spain$6.6 billion2%
8.Ireland$5.8 billion1.8%
9.Italy$5.1 billion1.5%
10.China$4.6 billion1.4%
11.Japan$4.3 billion1.3%
12.Brazil$4 billion1.2%
13.South Korea$2.6 billion0.8%
14.Israel$2.2 billion0.7%
15.Malaysia$2.1 billion0.6%
16.India$2.1 billion0.6%
17.Netherlands$2 billion0.6%
18.Switzerland$1.8 billion0.6%
19.Australia$1.7 billion0.5%
20.Austria$1.5 billion0.5%
21.Poland$1.3 billion0.4%
22.Belgium$1.2 billion0.4%
23.Philippines$950.2 million0.3%
24.Thailand$928.3 million0.3%
25.Turkey$917.9 million0.3%
26.Hong Kong$839.9 million0.3%
27.Morocco$797.3 million0.2%
28.United Arab Emirates$767.4 million0.2%
29.Mexico$722.4 million0.2%
30.Taiwan$703.8 million0.2%
31.Norway$659.5 million0.2%
32.Czech Republic$592.4 million0.2%
33.Hungary$552.4 million0.2%
34.Sweden$448.4 million0.1%
35.Portugal$367.7 million0.1%
36.Denmark$361.2 million0.1%
37.Romania$358.8 million0.1%
38.South Africa$353.4 million0.1%
39.Vietnam$249 million0.1%
40.Tunisia$239.6 million0.1%
41.Oman$233.6 million0.1%
42.Jordan$181.9 million0.1%
43.Cyprus$168.2 million0.1%
44.Indonesia$136.5 million0.04%
45.Malta$133.5 million0.04%
46.Slovenia$113.5 million0.03%
47.Luxembourg$111.3 million0.03%
48.New Zealand$85.5 million0.03%
49.Qatar$80.9 million0.02%
50.Saudi Arabia$80.4 million0.02%
51.Kazakhstan$67.6 million0.02%
52.Finland$61.9 million0.02%
53.Ukraine$61.4 million0.02%
54.Kuwait$56.5 million0.02%
55.Lithuania$49.4 million0.01%
56.Argentina$48.1 million0.01%
57.Bangladesh$40.7 million0.01%
58.Greece$36.6 million0.01%
59.Gabon$35.5 million0.01%
60.Ecuador$35.3 million0.01%
61.Colombia$33 million0.01%
62.Kyrgyzstan$31 million0.01%
63.Slovakia$30.5 million0.01%
64.Brunei Darussalam$30.2 million0.01%
65.Serbia$30.1 million0.01%
66.Latvia$29.9 million0.01%
67.Croatia$28.8 million0.01%
68.British Virgin Islands$28.5 million0.01%
69.Bulgaria$25.7 million0.01%
70.Guyana$22.6 million0.01%
71.Nigeria$21.7 million0.01%
72.Pakistan$21.6 million0.01%
73.Chile$20 million0.01%
74.New Caledonia$19.2 million0.01%
75.Cambodia$19 million0.01%
76.Sri Lanka$18.6 million0.01%
77.Uganda$16.7 million0.01%
78.Mozambique$16.6 million0.01%
79.Botswana$15.3 million0.005%
80.Laos$11.1 million0.003%
81.Fiji$11 million0.003%
82.Senegal$10.8 million0.003%
83.Georgia$9.6 million0.003%
84.Peru$9.2 million0.003%
85.Bhutan$9.1 million0.003%
86.Ivory Coast$8.7 million0.003%
87.Zimbabwe$7 million0.002%
88.Cayman Islands$6.8 million0.002%
89.Macao$6.7 million0.002%
90.Mauritius$6.2 million0.002%
91.Lebanon$5.2 million0.002%
92.Algeria$4.9 million0.001%
93.Burkina Faso$4.5 million0.001%
94.Estonia$4.3 million0.001%
95.Seychelles$4.2 million0.001%
96.Zambia$4.1 million0.001%
97.Tanzania$4 million0.001%
98.Democr. Rep. Congo$3.8 million0.001%
99.Congo$3.8 million0.001%
100.Madagascar$3.7 million0.001%
101.French Polynesia$3 million0.001%
102.Ethiopia$2.9 million0.001%
103.Myanmar (Burma)$2.7 million0.001%
104.Panama$2.7 million0.001%
105.Kenya$2.5 million0.001%
106.Maldives$2.3 million0.001%
107.Chad$2.1 million0.001%
108.Afghanistan$2.1 million0.001%
109.Venezuela$2 million0.001%
110.Guatemala$1.9 million0.001%
111.Papua New Guinea$1.8 million0.001%
112.Liberia$1.5 million0.0005%
113.Mongolia$1.4 million0.0004%
114.Mali$1.3 million0.0004%
115.Barbados$1.1 million0.0003%
116.Turkmenistan$1.1 million0.0003%
117.Belize$1.1 million0.0003%
118.Niger$1 million0.0003%
119.Azerbaijan$995,0000.0003%
120.Bahrain$980,0000.0003%
121.North Macedonia$896,0000.0003%
122.El Salvador$864,0000.0003%
123.Gibraltar$861,0000.0003%
124.Costa Rica$856,0000.0003%
125.Iceland$834,0000.0003%
126.Dominican Republic$819,0000.0002%
127.Faroe Islands$801,0000.0002%
128.Paraguay$785,0000.0002%
129.Moldova$759,0000.0002%
130.Uruguay$734,0000.0002%
131.Nepal$660,0000.0002%
132.Rwanda$650,0000.0002%
133.Namibia$641,0000.0002%
134.Angola$621,0000.0002%
135.Eswatini$618,0000.0002%
136.Bermuda$600,0000.0002%
137.Djibouti$574,0000.0002%
138.Trinidad/Tobago$513,0000.0002%
139.Cuba$478,0000.0001%
140.Uzbekistan$411,0000.0001%
141.Jamaica$400,0000.0001%
142.Somalia$389,0000.0001%
143.Libya$321,0000.0001%
144.Cameroon$310,0000.0001%
145.Togo$309,0000.0001%
146.Albania$304,0000.0001%
147.Ghana$299,0000.0001%
148.Sao Tome/Principe$283,0000.0001%
149.Vanuatu$252,0000.0001%
150.Greenland$251,0000.0001%
151.Falkland Is (Malvinas)$205,0000.0001%
152.Iran$197,0000.0001%
153.Antigua/Barbuda$163,0000.00005%
154.Solomon Islands$161,0000.00005%
155.Guinea$151,0000.00005%
156.Tajikistan$151,0000.00005%
157.Bosnia/Herzegovina$144,0000.00004%
158.US Minor Outlying Is$137,0000.00004%
159.Micronesia$124,0000.00004%
160.Sudan$120,0000.00004%
161.Montenegro$117,0000.00004%
162.Curaçao$112,0000.00003%
163.Central African Republic$79,0000.00002%
164.Sierra Leone$78,0000.00002%
165.Andorra$76,0000.00002%
166.Nicaragua$52,0000.00002%
167.Iraq$52,0000.00002%
168.Eritrea$48,0000.00001%
169.Tokelau$48,0000.00001%
170.Equatorial Guinea$47,0000.00001%
171.Honduras$40,0000.00001%
172.Guam$35,0000.00001%
173.Kiribati$34,0000.00001%
174.Timor-Leste$28,0000.00001%
175.Marshall Islands$25,0000.00001%
176.French S./Antarctic Terr$19,0000.00001%
177.Armenia$17,0000.00001%
178.Grenada$15,0000.000005%
179.Bahamas$9,0000.000003%
180.Aruba$7,0000.000002%
181.Tonga$7,0000.000002%
182.Anguilla$6,0000.000002%
183.Syrian Arab Republic$5,0000.000002%
184.Malawi$5,0000.000002%
185.Niue$4,0000.000001%
186.Northern Mariana Is$4,0000.000001%
187.Comoros$4,0000.000001%
188.Cocos (Keeling) Islands$3,0000.000001%
189.Dominica$3,0000.000001%
190.Haiti$3,0000.000001%
191.Lesotho$3,0000.000001%
192.Suriname$3,0000.000001%
193.Nauru$2,0000.000001%
194.Bonaire/St Eustatius/Saba$2,0000.000001%
195.Christmas Island$2,0000.000001%
196.Cook Islands$2,0000.000001%
197.American Samoa$2,0000.000001%
198.Br. Indian Ocean Terr$2,0000.000001%
199.Turks and Caicos Islands$1,0000.0000003%
200.Saint Kitts/Nevis$1,0000.0000003%
201.Saint Vincent/Grenadines$1,0000.0000003%


See also United States Top 10 Exports, America’s Top Trading Partners and Aircraft Parts Exports by Country

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

Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on May 28, 2019

Investopedia, Net Exports Definition. Accessed on May 28, 2019

The World Factbook, Field Listing: Exports – Commodities, Central Intelligence Agency. Accessed on May 28, 2019

Trade Map, International Trade Centre. Accessed on May 28, 2019