The overall value of aerospace exports declined by an average -26.2% since 2018 when aerospace shipments were valued at $337.9 billion.
Year over year, the value of aerospace exports increased via a 9.3% gain compared to $228.2 billion during 2021.
The 5 biggest exporters of aerospace products are suppliers in the United States of America, France, Germany, United Kingdom and Canada. Collectively, that powerful cohort generated about three-quarters (75.5%) of globally exported aerospace goods in 2022. Such a high percentages suggests a relatively concentrated set of international aerospace suppliers.
From a continental perspective, exporters in North America sold the highest dollar value worth of aerospace products on international markets generating 45.6% of the worldwide total. In second place at 40.1% are providers in Europe while another 11.4% worth originated from Asia.
Tinier percentages were sourced from Latin America (1.7%) excluding Mexico but including the Caribbean, Africa (0.8%), then Oceania (0.5%) led by Australia.
For research purposes, the 2-digit Harmonized Tariff System code prefix is 88 for aircraft and spacecraft, satellites and related goods.
Aerospace Exports by Country
Below are the 15 countries that exported the highest dollar value worth of aerospace products during 2022.
- United States: US$102.8 billion (41.2% of aerospace exports)
- France: $32.8 billion (13.2%)
- Germany: $29.2 billion (11.7%)
- United Kingdom: $13.2 billion (5.3%)
- Canada: $10.1 billion (4.1%)
- Italy: $5.6 billion (2.3%)
- China: $5.6 billion (2.2%)
- Spain: $5.4 billion (2.2%)
- Singapore: $5.1 billion (2%)
- Brazil: $3 billion (1.2%)
- Israel: $2.3 billion (0.9%)
- Ireland: $2.2 billion (0.9%)
- Netherlands: $2.1 billion (0.8%)
- Thailand: $2.01 billion (0.8%)
- Türkiye: $1.99 billion (0.8%)
By value, the listed 15 countries shipped 89.6% of all aerospace products exported in 2022.
Among the top exporters, the fastest-growing aerospace products exporters since 2021 were: mainland China (up 78.3%), Thailand (up 57.5%), Türkiye (up 41.2%) and Singapore (up 20.3%).
Four major suppliers posted declines in sales of their exported aerospace products, namely: Ireland (down -42.4% from 2021), United Kingdom (down -4.4%), Canada (down -3%) and Israel (down -1.3%).
Countries Generating Largest Surpluses from Aerospace Trade
The following countries posted the highest positive net exports for aircraft and spacecraft during 2022. 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.
- United States: US$75.7 billion (net export surplus up 18.2% since 2021)
- France: $20.1 billion (up 2.9%)
- Germany: $17.7 billion (up 18.6%)
- United Kingdom: $4.4 billion (down -41.3%)
- Italy: $2.8 billion (up 28%)
- Canada: $2.2 billion (down -45%)
- Israel: $2 billion (down -8.1%)
- Spain: $682.6 million (down -65.1%)
- Thailand: $558.1 million (up 674.5%)
- Mexico: $418.2 million (down -1.9%)
- Austria: $416 million (down -0.1%)
- Romania: $295.3 million (up 99.6%)
- Chile: $270.2 million (up 16.8%)
- Brazil: $172.4 million (down -66.7%)
- Czech Republic: $168.9 million (up 21.5%)
The United States of America generated the greatest 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.
Countries Causing Worst Deficits from Aerospace Trade
The following countries posted the highest negative net exports for aircraft during 2022. 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.
- Ireland: -US$14.1 billion (net export deficit up 4.6% since 2021)
- China: -$5.4 billion (down -45.6%)
- United Arab Emirates: -$2.7 billion (up 95.2%)
- Malaysia: -$2.6 billion (up 380.8%)
- Saudi Arabia: -$2.44 billion (down -24.1%)
- Colombia: -$2.42 billion (up 85.7%)
- India: -$2.2 billion (reversing a $270 million surplus)
- Singapore: -$2.19 billion (up 176.2%)
- Taiwan: -$1.97 billion (up 38.3%)
- Netherlands: -$1.8 billion (up 168.9%)
- Japan: -$1.6 billion (down -59.9%)
- Türkiye: -$1.37 billion (down -3.9%)
- Malta: -$1.32 billion (up 58.9%)
- Kuwait: -$1.3 billion (up 387393.2%)
- Australia: -$1.1 billion (up 52.1%)
Ireland incurred the severest deficit in the international trade of aircraft and spacecraft in 2022. In turn, this negative cashflow highlights Ireland’s strong competitive disadvantage for this specific product category but also signals opportunities for aeropace-supplier countries that help satisfy the powerful Irish demand.
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 2022
The 100 key exporters in the following automated database sold 99.97% of globally aerospace products during 2022.
| Rank | Exporter | Aerospace Exports | 2021-2 |
|---|---|---|---|
| 1. | United States | $102,849,540,000 | +14.9% |
| 2. | France | $32,840,576,000 | +6.3% |
| 3. | Germany | $29,159,968,000 | +5.3% |
| 4. | United Kingdom | $13,220,195,000 | -4.4% |
| 5. | Canada | $10,148,462,000 | -3% |
| 6. | Italy | $5,634,968,000 | +7.8% |
| 7. | China | $5,565,282,000 | +78.3% |
| 8. | Spain | $5,401,040,000 | +14.7% |
| 9. | Singapore | $5,054,654,000 | +20.3% |
| 10. | Brazil | $3,013,461,000 | +15.5% |
| 11. | Israel | $2,344,135,000 | -1.3% |
| 12. | Ireland | $2,212,719,000 | -42.4% |
| 13. | Netherlands | $2,104,303,000 | +5.1% |
| 14. | Thailand | $2,005,194,000 | +57.5% |
| 15. | Türkiye | $1,988,096,000 | +41.2% |
| 16. | Switzerland | $1,899,614,000 | +0.6% |
| 17. | United Arab Emirates | $1,726,161,000 | -19.5% |
| 18. | South Korea | $1,668,197,000 | +54.8% |
| 19. | Japan | $1,591,740,000 | -2.7% |
| 20. | Malaysia | $1,433,201,000 | +2.5% |
| 21. | India | $1,376,617,000 | +21.2% |
| 22. | Morocco | $1,343,967,000 | +20.1% |
| 23. | Austria | $1,246,801,000 | +10.9% |
| 24. | Australia | $1,045,175,000 | -10.7% |
| 25. | Hungary | $990,525,000 | +488.1% |
| 26. | Hong Kong | $827,146,000 | +12.4% |
| 27. | Belgium | $772,635,000 | -17.5% |
| 28. | Mexico | $674,027,000 | +18.3% |
| 29. | Czech Republic | $613,751,000 | +17.5% |
| 30. | Chile | $575,497,000 | +14.5% |
| 31. | Romania | $487,250,000 | +41.7% |
| 32. | Poland | $450,840,000 | -63.2% |
| 33. | Philippines | $426,638,000 | +22.2% |
| 34. | Vietnam | $423,608,000 | -33% |
| 35. | Taiwan | $396,142,000 | +8.5% |
| 36. | Sweden | $387,867,000 | -21.9% |
| 37. | Denmark | $378,782,000 | +4.9% |
| 38. | Saudi Arabia | $372,084,000 | +173771% |
| 39. | Portugal | $370,685,000 | +20.7% |
| 40. | Russia | $366,894,000 | 0% |
| 41. | Norway | $343,928,000 | -3.2% |
| 42. | South Africa | $306,139,000 | -5.2% |
| 43. | Kuwait | $288,238,000 | +35485% |
| 44. | Tunisia | $210,887,000 | -30.9% |
| 45. | Cayman Islands | $199,114,000 | 0% |
| 46. | Qatar | $198,801,000 | -42.7% |
| 47. | Trinidad/Tobago | $185,889,000 | +405.4% |
| 48. | Luxembourg | $143,965,000 | -31.2% |
| 49. | Finland | $131,826,000 | -77.2% |
| 50. | Slovenia | $107,221,000 | -22.1% |
| 51. | Lithuania | $98,800,000 | +71.6% |
| 52. | Bahrain | $98,685,000 | -29.9% |
| 53. | Indonesia | $93,751,000 | +3.8% |
| 54. | Kazakhstan | $92,445,000 | +130.6% |
| 55. | Myanmar | $90,055,000 | -32.5% |
| 56. | Bulgaria | $82,978,000 | -12.1% |
| 57. | Greece | $74,700,000 | -15.3% |
| 58. | Colombia | $73,703,000 | +14.2% |
| 59. | Latvia | $71,677,000 | +288.3% |
| 60. | Ecuador | $63,974,000 | +152.8% |
| 61. | Oman | $57,969,000 | -66.7% |
| 62. | Malta | $57,699,000 | -52.3% |
| 63. | Brunei Darussalam | $55,158,000 | +13% |
| 64. | Jordan | $54,713,000 | -26% |
| 65. | Croatia | $54,480,000 | +109% |
| 66. | Cyprus | $53,978,000 | +28.8% |
| 67. | Mongolia | $47,198,000 | +103.8% |
| 68. | Slovakia | $44,744,000 | +67.7% |
| 69. | Iraq | $42,142,000 | +1932% |
| 70. | Bangladesh | $40,582,000 | -67.6% |
| 71. | Nigeria | $37,737,000 | -73.7% |
| 72. | New Zealand | $33,802,000 | +97.5% |
| 73. | Turkmenistan | $30,054,000 | +158079% |
| 74. | Estonia | $29,869,000 | +110% |
| 75. | Ukraine | $26,640,000 | -59.8% |
| 76. | French Polynesia | $23,875,000 | -16.2% |
| 77. | Kyrgyzstan | $19,611,000 | 0% |
| 78. | Macao | $18,886,000 | +435.5% |
| 79. | Pakistan | $18,801,000 | -64.5% |
| 80. | Botswana | $16,784,000 | +160.3% |
| 81. | Sri Lanka | $15,604,000 | -78% |
| 82. | Yemen | $13,182,000 | +329450% |
| 83. | Senegal | $13,065,000 | +1036% |
| 84. | Georgia | $12,078,000 | +550.8% |
| 85. | Mozambique | $11,547,000 | +358.2% |
| 86. | Belarus | $11,527,000 | 0% |
| 87. | Uzbekistan | $11,386,000 | -27.9% |
| 88. | Papua New Guinea | $10,171,000 | -85.9% |
| 89. | Seychelles | $9,913,000 | +2050% |
| 90. | Egypt | $9,869,000 | -91% |
| 91. | Serbia | $9,821,000 | +24.6% |
| 92. | Argentina | $9,396,000 | -86.6% |
| 93. | New Caledonia | $9,199,000 | +562.3% |
| 94. | Fiji | $9,031,000 | -55.4% |
| 95. | Iceland | $8,564,000 | -78.4% |
| 96. | Armenia | $7,582,000 | +294.9% |
| 97. | Costa Rica | $7,489,000 | -20.3% |
| 98. | Peru | $7,408,000 | -55.7% |
| 99. | Angola | $7,359,000 | +97.5% |
| 100. | Burkina Faso | $7,094,000 | +288.5% |
The greatest percentage increases from 2021 to 2022 belong to aerospace suppliers in Yemen (up 329,450%), Saudi Arabia (up 173,771%), Turkmenistan (158,079%), Kuwait (up 35,485%), Seychelles (up 2,050%), Iraq (up 1,932%) and Senegal (up 1,036%).
You can change the presentation order by clicking the triangle icon at the top of any of the columns above. An entry of 0% in the right-most column means that no 2021 data was available.
See also United States Top 10 Exports, America’s Top Trading Partners and Aircraft Parts Exports by Country
Research Sources:
Central Intelligence Agency, The World Factbook Field Listing: Exports – Commodities. Accessed on August 22, 2023
Fire Support Aerospace and Defense Marketing, Top 100 Aerospace Companies — 2018. Accessed on August 22, 2023
Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on August 22, 2023
International Trade Centre, Trade Map. Accessed on August 22, 2023
Investopedia, Net Exports Definition. Accessed on August 22, 2023
