Overall, the value of aerospace exports rose by an average 0.7% for all exporting countries since 2015 when aerospace shipments were valued at $334.9 billion. The value of international aerospace export sales fell by -1.3% from 2018 to 2019.
From a continental perspective, suppliers in North America sold the highest dollar value worth of aerospace exports during 2019 at 44.6% of the worldwide total while 43.3% worth originated from Europe. In third place were Asian exporters at 9.9%.
Smaller percentages were sourced from Latin America (1.2%) excluding Mexico but including the Caribbean, Oceania (0.6%) led by Australia, and Africa (0.5%).
For research purposes, 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 2019.
- United States: US$136 billion (40.9% of total aerospace products exports)
- France: $53.5 billion (16.1%)
- Germany: $42.3 billion (12.7%)
- United Kingdom: $18.3 billion (5.5%)
- Canada: $11.3 billion (3.4%)
- Singapore: $8 billion (2.4%)
- Spain: $7.1 billion (2.1%)
- Italy: $4.9 billion (1.5%)
- Ireland: $4.8 billion (1.4%)
- Japan: $4.5 billion (1.4%)
- China: $3.9 billion (1.2%)
- Brazil: $3.7 billion (1.1%)
- Israel: $2.5 billion (0.7%)
- South Korea: $2.4 billion (0.7%)
- Kuwait: $2.4 billion (0.7%)
By value, the listed 15 countries shipped 91.9% of global aerospace products exported in 2019.
Among the top exporters, the fastest-growing exporters of aerospace products since 2015 were: Kuwait (up 329,449%), Spain (up 57.7%), South Korea (up 29.7%) and Singapore (up 23.7%).
Those countries that posted declines in sales of exported aerospace products were led by: Ireland (down -18.7%), Brazil (down -16.9%), Israel (down -16.5%), Japan (down -12.2%) and Canada (down -8.8%).
Advantages
The following countries posted the highest positive net exports for aircraft and spacecraft during 2019. 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$101.1 billion (net export surplus up 4.9% since 2015)
- France: $32.9 billion (up 18.5%)
- Germany: $25.2 billion (up 34.8%)
- United Kingdom: $7.5 billion (up 142.9%)
- Spain: $3.3 billion (up 176.4%)
- Brazil: $2.4 billion (up 11.7%)
- Italy: $2.29 billion (down -2%)
- Canada: $2.26 billion (down -35.7%)
- Kuwait: $1.7 billion (down -10549.3%)
- Mexico: $549.1 million (up 20.9%)
- Belgium: $520.4 million (up 5.1%)
- Israel: $362.7 million (down -85.1%)
- Austria: $185.9 million (down -67.7%)
- Czech Republic: $185.6 million (up 7.6%)
- Romania: $156.4 million (up 92.8%)
The United States of America generated 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 2019. 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$16.8 billion (net export deficit up 142.1% since 2015)
- China: -$15.5 billion (down -36.9%)
- United Arab Emirates: -$6.4 billion (down -5.9%)
- Qatar: -$6.2 billion (up 247.8%)
- Singapore: -$3.9 billion (up 223%)
- Japan: -$3.8 billion (up 281.6%)
- Vietnam: -$3.3 billion (up 132.9%)
- Saudi Arabia: -$2.8 billion (up 6.7%)
- Portugal: -$2.6 billion (up 1430.6%)
- Turkey: -$2.4 billion (down -24.4%)
- Taiwan: -$2.2 billion (up 13.8%)
- Philippines: -$2 billion (up 181%)
- Indonesia: -$1.9 billion (up 207.7%)
- Egypt: -$1.9 billion (up 144753.4%)
- India: -$1.8 billion (reversing a $950.3 million surplus)
The People’s Republic of China incurred the highest deficit in the international trade of aircraft and spacecraft. In turn, this negative cashflow highlights strong Chinese competitive disadvantage for this specific product category but also signals opportunities for aeropace-supplier countries that help satisfy the powerful Chinese demand.
Companies
Aircraft Exporting Companies
Below are global aerospace conglomerates that represent the largest players in the worldwide aerospace market trade. Shown within parenthesis is the country where the company is headquartered.
- Airbus (France)
- Boeing (United States)
- Finmeccanica (Italy)
- General Electric (United States)
- Lockheed Martin (United States)
- Northrop Grumman (United States)
- Raytheon (United States)
- Rolls Royce (United Kingdom)
- Safran (France)
- United Technologies (United States)
Searchable List of Aerospace Exporting Countries in 2019
You can change the presentation order by clicking the triangle icon at the top of any of the columns below. An entry of 0% in the right-most column means that no 2018 data was available.
| Rank | Exporter | Aerospace Exports (US$) | 2018-9 |
|---|---|---|---|
| 1. | United States | $136,043,357,000 | -2.4% |
| 2. | France | $53,488,041,000 | +2.8% |
| 3. | Germany | $42,273,213,000 | +2% |
| 4. | United Kingdom | $18,325,803,000 | -5.1% |
| 5. | Canada | $11,275,340,000 | +5.8% |
| 6. | Singapore | $7,957,684,000 | +7.7% |
| 7. | Spain | $7,077,902,000 | +14.2% |
| 8. | Italy | $4,891,483,000 | -4.9% |
| 9. | Ireland | $4,809,952,000 | -16.8% |
| 10. | Japan | $4,538,420,000 | +4.5% |
| 11. | China | $3,906,195,000 | -15.3% |
| 12. | Brazil | $3,744,029,000 | -5.8% |
| 13. | Israel | $2,453,137,000 | +16% |
| 14. | South Korea | $2,415,309,000 | -7.7% |
| 15. | Kuwait | $2,366,164,000 | +352,008% |
| 16. | Netherlands | $2,287,387,000 | +13.2% |
| 17. | Switzerland | $2,146,521,000 | +16.2% |
| 18. | Malaysia | $2,128,666,000 | +1.2% |
| 19. | Australia | $1,855,764,000 | +11% |
| 20. | India | $1,477,381,000 | -27.6% |
| 21. | Austria | $1,459,038,000 | -2.2% |
| 22. | Poland | $1,205,695,000 | -8% |
| 23. | Belgium | $1,203,847,000 | -4.3% |
| 24. | Turkey | $1,029,696,000 | +12.2% |
| 25. | Hong Kong | $945,885,000 | +12.6% |
| 26. | Morocco | $863,733,000 | +8.3% |
| 27. | Thailand | $828,708,000 | -10.7% |
| 28. | Mexico | $822,903,000 | +13.9% |
| 29. | Philippines | $780,044,000 | -17.9% |
| 30. | Czech Republic | $721,836,000 | +21.1% |
| 31. | Portugal | $701,920,000 | +92.8% |
| 32. | Sweden | $652,169,000 | +23.6% |
| 33. | Norway | $613,507,000 | -7.2% |
| 34. | Taiwan | $460,960,000 | -32.6% |
| 35. | United Arab Emirates | $454,581,000 | -89.2% |
| 36. | Romania | $434,800,000 | +21.5% |
| 37. | South Africa | $402,250,000 | +14.1% |
| 38. | Kazakhstan | $326,196,000 | +382.8% |
| 39. | Denmark | $301,797,000 | -19.2% |
| 40. | Tunisia | $285,939,000 | +18.6% |
| 41. | Vietnam | $267,003,000 | -41% |
| 42. | Malta | $198,165,000 | +63% |
| 43. | Finland | $194,919,000 | +212.4% |
| 44. | Slovenia | $173,591,000 | +53% |
| 45. | Iceland | $155,610,000 | +18,970% |
| 46. | Pakistan | $145,607,000 | +571.3% |
| 47. | Luxembourg | $137,291,000 | +23.6% |
| 48. | Indonesia | $85,976,000 | -37% |
| 49. | Bangladesh | $80,131,000 | +85% |
| 50. | Hungary | $71,703,000 | -87% |
| 51. | Nigeria | $69,988,000 | +222.3% |
| 52. | Ukraine | $63,477,000 | +4% |
| 53. | Bulgaria | $58,807,000 | +127.3% |
| 54. | Lithuania | $53,749,000 | +9% |
| 55. | Argentina | $51,866,000 | +182.1% |
| 56. | British Virgin Is | $49,176,000 | +70.8% |
| 57. | Cambodia | $47,972,000 | +10,172% |
| 58. | Croatia | $40,369,000 | +40.1% |
| 59. | Ecuador | $40,350,000 | +14.4% |
| 60. | New Zealand | $31,533,000 | -1.9% |
| 61. | Greece | $30,192,000 | -16.4% |
| 62. | Burkina Faso | $29,935,000 | +560.4% |
| 63. | Latvia | $26,614,000 | -68.9% |
| 64. | Ivory Coast | $25,363,000 | +201.1% |
| 65. | Zimbabwe | $21,845,000 | +210.8% |
| 66. | Sri Lanka | $20,578,000 | -0.1% |
| 67. | Slovakia | $17,883,000 | -40.1% |
| 68. | Chile | $17,216,000 | -9.6% |
| 69. | Kyrgyzstan | $16,776,000 | -45.9% |
| 70. | Brunei Darussalam | $15,006,000 | -51.3% |
| 71. | Georgia | $14,544,000 | +467.9% |
| 72. | Namibia | $13,794,000 | +269% |
| 73. | Qatar | $11,406,000 | -97.1% |
| 74. | Serbia | $11,324,000 | -63.4% |
| 75. | Oman | $10,533,000 | -95.5% |
| 76. | Peru | $9,601,000 | +4.5% |
| 77. | Jordan | $9,109,000 | -95% |
| 78. | Papua New Guinea | $8,745,000 | +373.5% |
| 79. | Kenya | $7,984,000 | +422.9% |
| 80. | Estonia | $7,096,000 | +78.1% |
| 81. | Mauritius | $6,371,000 | -1.1% |
| 82. | Egypt | $5,717,000 | 0% |
| 83. | Tajikistan | $5,516,000 | +3,553% |
| 84. | St Maarten (Dutch) | $5,334,000 | 0% |
| 85. | Uzbekistan | $5,205,000 | -15% |
| 86. | Botswana | $5,126,000 | -73.7% |
| 87. | Armenia | $4,475,000 | +26,224% |
| 88. | Ethiopia | $4,471,000 | +17.6% |
| 89. | Afghanistan | $4,457,000 | +2,703% |
| 90. | Seychelles | $4,390,000 | -91.2% |
| 91. | Madagascar | $3,927,000 | +8.2% |
| 92. | Panama | $3,871,000 | +32.9% |
| 93. | Gibraltar | $3,679,000 | +327.3% |
| 94. | Bahrain | $3,613,000 | -85.9% |
| 95. | Senegal | $3,296,000 | -79.2% |
| 96. | Mozambique | $3,205,000 | -80.7% |
| 97. | Algeria | $2,817,000 | -35.3% |
| 98. | Colombia | $2,521,000 | -92.4% |
| 99. | Tanzania | $2,124,000 | -47.1% |
| 100. | Costa Rica | $2,082,000 | +143.2% |
| 101. | Mali | $1,994,000 | +52.7% |
| 102. | Sao Tome/Principe | $1,947,000 | +176.6% |
| 103. | Angola | $1,878,000 | +75% |
| 104. | French Polynesia | $1,801,000 | -41% |
| 105. | Guatemala | $1,748,000 | -67.1% |
| 106. | Democr. Rep. Congo | $1,679,000 | -57.1% |
| 107. | Belarus | $1,628,000 | 0% |
| 108. | North Macedonia | $1,524,000 | +70.1% |
| 109. | Montenegro | $1,461,000 | -37.9% |
| 110. | Bolivia | $1,372,000 | 0% |
| 111. | Paraguay | $1,322,000 | +68.4% |
| 112. | Niger | $1,317,000 | -76.1% |
| 113. | Cyprus | $1,317,000 | -99.2% |
| 114. | Myanmar (Burma) | $1,216,000 | -99.3% |
| 115. | Jamaica | $1,199,000 | +54.9% |
| 116. | Barbados | $1,130,000 | -0.7% |
| 117. | New Caledonia | $889,000 | -95.2% |
| 118. | Cabo Verde | $876,000 | 0% |
| 119. | Bermuda | $851,000 | +41.8% |
| 120. | Bhutan | $841,000 | -90.8% |
| 121. | Samoa | $830,000 | +6,817% |
| 122. | Nepal | $811,000 | -95.8% |
| 123. | Faroe Islands | $780,000 | -2.9% |
| 124. | US Minor Outlying Is | $736,000 | +387.4% |
| 125. | Gabon | $708,000 | -98% |
| 126. | Uganda | $672,000 | -96% |
| 127. | Congo | $671,000 | -82.1% |
| 128. | Gambia | $630,000 | 0% |
| 129. | Timor-Leste | $615,000 | +35.8% |
| 130. | Fiji | $583,000 | -94.7% |
| 131. | Aruba | $569,000 | +324.6% |
| 132. | Marshall Islands | $557,000 | +2,128% |
| 133. | Ghana | $543,000 | +81.6% |
| 134. | Bosnia/Herzegovina | $522,000 | +262.5% |
| 135. | Iran | $504,000 | 0% |
| 136. | Turkmenistan | $479,000 | +193.9% |
| 137. | Maldives | $477,000 | 0% |
| 138. | Albania | $417,000 | +522.4% |
| 139. | Moldova | $390,000 | -48.6% |
| 140. | Cameroon | $344,000 | +11.7% |
| 141. | Equatorial Guinea | $325,000 | +357.7% |
| 142. | Cuba | $313,000 | -37.3% |
| 143. | Honduras | $309,000 | +2,990% |
| 144. | Uruguay | $267,000 | -63.6% |
| 145. | Togo | $246,000 | -22.4% |
| 146. | Greenland | $240,000 | +116.2% |
| 147. | Laos | $228,000 | +4,460% |
| 148. | Andorra | $223,000 | -27.8% |
| 149. | Antigua/Barbuda | $201,000 | 0% |
| 150. | Cayman Islands | $191,000 | -97.2% |
| 151. | Libya | $181,000 | -43.4% |
| 152. | Trinidad/Tobago | $180,000 | -65.1% |
| 153. | Zambia | $180,000 | -95.5% |
| 154. | Chad | $172,000 | -86.4% |
| 155. | Belize | $163,000 | -85.2% |
| 156. | Guyana | $163,000 | -99.3% |
| 157. | Burundi | $140,000 | -75.9% |
| 158. | Curaçao | $132,000 | -9.6% |
| 159. | Dominican Rep | $128,000 | -98.3% |
| 160. | Mauritania | $117,000 | 0% |
| 161. | Eswatini | $116,000 | +1,833% |
| 162. | Sudan | $114,000 | -12.3% |
| 163. | Micronesia | $105,000 | -73.5% |
| 164. | Rwanda | $100,000 | -90.9% |
| 165. | Venezuela | $93,000 | -95.4% |
| 166. | Iraq | $90,000 | +80% |
| 167. | Tuvalu | $87,000 | 0% |
| 168. | Vanuatu | $85,000 | -66.3% |
| 169. | Grenada | $84,000 | +460.0% |
| 170. | Djibouti | $82,000 | -85.7% |
| 171. | Falkland Is (Malvinas) | $75,000 | -64.3% |
| 172. | Tonga | $74,000 | +957.1% |
| 173. | Lebanon | $73,000 | -98.6% |
| 174. | El Salvador | $65,000 | -92.5% |
| 175. | Haiti | $61,000 | +1,933% |
| 176. | Liberia | $56,000 | -96.4% |
| 177. | Wallis/Futuna Is | $54,000 | 0% |
| 178. | Sierra Leone | $50,000 | 0% |
| 179. | Suriname | $46,000 | -97.2% |
| 180. | Mongolia | $43,000 | -99% |
| 181. | Macao | $33,000 | 0% |
| 182. | Bahamas | $32,000 | -97.3% |
| 183. | Somalia | $32,000 | -91.8% |
| 184. | Saint Lucia | $30,000 | 0% |
| 185. | Nicaragua | $29,000 | -99.2% |
| 186. | Yemen | $27,000 | 0% |
| 187. | French S./Antarctic Terr | $27,000 | +42.1% |
| 188. | Eritrea | $23,000 | -51.1% |
| 189. | Norfolk Island | $22,000 | 0% |
| 190. | Niue | $19,000 | +375% |
| 191. | Central African Rep | $18,000 | 0% |
| 192. | Solomon Islands | $17,000 | +41.7% |
| 193. | Kiribati | $16,000 | -54.3% |
| 194. | Palau | $14,000 | -96.6% |
| 195. | Guinea | $13,000 | -91.4% |
| 196. | Montserrat | $12,000 | 0% |
| 197. | Cook Islands | $11,000 | +450% |
| 198. | Nauru | $10,000 | +400% |
| 199. | St Vincent/Grenadines | $6,000 | -81.8% |
| 200. | Tokelau | $6,000 | -87.8% |
| 201. | Christmas Island | $5,000 | +150% |
| 202. | Dominica | $5,000 | -82.1% |
| 203. | Cocos (Keeling) Is | $4,000 | +33.3% |
| 204. | South Sudan | $4,000 | -55.6% |
| 205. | Anguilla | $3,000 | -50% |
| 206. | North Korea | $3,000 | 0% |
| 207. | Lesotho | $2,000 | -33.3% |
| 208. | Malawi | $2,000 | -98.9% |
| 209. | Turks/Caicos Is | $2,000 | +100% |
| 210. | Comoros | $1,000 | -75% |
| 211. | Benin | $1,000 | 0% |
| 212. | American Samoa | $1,000 | -50% |
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 May 13, 2020
Fire Support Aerospace and Defense Marketing, Top 100 Aerospace Companies — 2015. Accessed on May 13, 2020
Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on May 13, 2020
International Trade Centre, Trade Map. Accessed on May 13, 2020
Investopedia, Net Exports Definition. Accessed on May 13, 2020
