The overall value of aerospace exports grew by an average 48.1% from five years earlier in 2020 when aerospace shipments were valued at $220.9 billion.
Year over year, the value of aerospace exports increased by 6.9% compared to $306 billion starting in 2023.
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 almost three-quarters (73.3%) of globally exported aerospace goods in 2024. Such a high percentage 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 45.9% of the worldwide total. In second place at 38.8% were providers in Europe while another 12.6% worth originated from Asia.
Tinier percentages were sourced from suppliers in Latin America (1.7%) excluding Mexico but including the Caribbean, Oceania (0.6%) led by Australia and New Zealand, then Africa (0.5%).
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 2024.
- United States: US$134.2 billion (41% of aerospace products exports)
- France: $40.3 billion (12.3%)
- Germany: $36.1 billion (11.1%)
- United Kingdom: $16 billion (4.9%)
- Canada: $13.2 billion (4%)
- India: $7.4 billion (2.3%)
- Ireland: $7.2 billion (2.2%)
- mainland China: $7.1 billion (2.2%)
- Spain: $6.5 billion (2%)
- Italy: $5.6 billion (1.7%)
- Singapore: $5.3 billion (1.6%)
- Brazil: $4.4 billion (1.3%)
- Hong Kong: $2.7 billion (0.8%)
- United Arab Emirates: $2.6 billion (0.8%)
- Mexico: $2.5 billion (0.8%)
By value, the listed 15 countries shipped 89% of all aerospace products exported in 2024.
Among the top exporters, the fastest-growing aerospace products exporters since 2023 were: India (up 284.5%), Mexico (up 224.6%), Hong Kong (up 60.7%) and Ireland (up 39.8%).
Those countries that posted declines in sales of their exported aerospace products were: United Arab Emirates (down -50.7% from 2023), Italy (down -14.7%), Singapore (down -1.8%) and Germany (down -0.7%).
Searchable List of Aerospace Exporting Countries in 2024
The 100 key exporters in the following automated database sold 99.96% of globally aerospace products during 2024.
| Rank | Exporter | Aerospace Exports | 2023-4 |
|---|---|---|---|
| 1. | United States | $134,237,061,000 | +7.5% |
| 2. | France | $40,279,143,000 | +0.2% |
| 3. | Germany | $36,145,253,000 | -0.7% |
| 4. | United Kingdom | $15,988,297,000 | +8.2% |
| 5. | Canada | $13,211,970,000 | +12.2% |
| 6. | India | $7,446,549,000 | +284.5% |
| 7. | Ireland | $7,170,733,000 | +39.8% |
| 8. | mainland China | $7,053,630,000 | +2% |
| 9. | Spain | $6,468,629,000 | +32.2% |
| 10. | Italy | $5,602,559,000 | -14.7% |
| 11. | Singapore | $5,348,086,000 | -1.8% |
| 12. | Brazil | $4,357,824,000 | +22.7% |
| 13. | Hong Kong | $2,728,501,000 | +60.7% |
| 14. | United Arab Emirates | $2,614,503,000 | -50.7% |
| 15. | Mexico | $2,522,420,000 | +224.6% |
| 16. | Türkiye | $2,407,960,000 | -12.7% |
| 17. | Poland | $2,309,855,000 | +25.7% |
| 18. | Netherlands | $2,306,000,000 | -20.3% |
| 19. | Israel | $2,174,587,000 | +4.1% |
| 20. | Switzerland | $2,138,738,000 | +1.3% |
| 21. | Japan | $2,035,885,000 | -3.8% |
| 22. | South Korea | $1,934,600,000 | -21.4% |
| 23. | Australia | $1,748,701,000 | +34.6% |
| 24. | Austria | $1,606,244,000 | +6.6% |
| 25. | Malaysia | $1,254,628,000 | -5.3% |
| 26. | Thailand | $1,188,657,000 | -29.2% |
| 27. | Belgium | $1,162,776,000 | +27.4% |
| 28. | Kazakhstan | $942,456,000 | +426.6% |
| 29. | Sweden | $806,856,000 | +116.3% |
| 30. | Czech Republic | $701,128,000 | -1.6% |
| 31. | Saudi Arabia | $678,847,000 | +19.4% |
| 32. | Chile | $678,116,000 | +10% |
| 33. | Kuwait | $651,201,000 | +64825% |
| 34. | Morocco | $595,383,000 | -52.8% |
| 35. | Philippines | $592,702,000 | +39.5% |
| 36. | Russia | $577,221,000 | -31.8% |
| 37. | Romania | $564,080,000 | +24.2% |
| 38. | Norway | $531,038,000 | +35.3% |
| 39. | Denmark | $501,532,000 | +18.3% |
| 40. | Portugal | $464,872,000 | +35.6% |
| 41. | Taiwan | $436,929,000 | +13.4% |
| 42. | South Africa | $399,541,000 | +15.8% |
| 43. | Indonesia | $356,545,000 | +118.9% |
| 44. | Vietnam | $329,636,000 | -55.5% |
| 45. | Tunisia | $262,479,000 | -37.7% |
| 46. | Hungary | $226,722,000 | +34.4% |
| 47. | Oman | $208,357,000 | -21.7% |
| 48. | Malta | $190,024,000 | +210.4% |
| 49. | New Zealand | $189,654,000 | +535% |
| 50. | Bulgaria | $156,412,000 | +59.1% |
| 51. | Croatia | $143,690,000 | +61.8% |
| 52. | Luxembourg | $136,116,000 | -33.2% |
| 53. | Latvia | $131,636,000 | -4.7% |
| 54. | Uzbekistan | $130,911,000 | +78.3% |
| 55. | Greece | $116,930,000 | -17.6% |
| 56. | Cayman Islands | $111,170,000 | +3705567% |
| 57. | Finland | $102,639,000 | +2.3% |
| 58. | Slovenia | $101,745,000 | -8% |
| 59. | Bhutan | $100,266,000 | 0% |
| 60. | Estonia | $87,726,000 | +19.5% |
| 61. | Maldives | $80,426,000 | 0% |
| 62. | Ecuador | $78,360,000 | -3.7% |
| 63. | Lithuania | $77,195,000 | +1.1% |
| 64. | Montserrat | $76,168,000 | 0% |
| 65. | Bangladesh | $70,727,000 | -59% |
| 66. | Bolivia | $70,698,000 | +144% |
| 67. | Ethiopia | $60,173,000 | +1071% |
| 68. | Guyana | $58,434,000 | -6.3% |
| 69. | Slovakia | $55,900,000 | -89.3% |
| 70. | Mongolia | $51,276,000 | +3.8% |
| 71. | Rwanda | $47,818,000 | +58215% |
| 72. | Colombia | $46,001,000 | +11.8% |
| 73. | Myanmar | $45,718,000 | +15.1% |
| 74. | Ukraine | $45,053,000 | +72.2% |
| 75. | Cyprus | $41,747,000 | +405.8% |
| 76. | Montenegro | $41,576,000 | +275.4% |
| 77. | Brunei Darussalam | $36,037,000 | -22.6% |
| 78. | Iceland | $33,561,000 | +603.9% |
| 79. | Jordan | $31,550,000 | -68.4% |
| 80. | Dominican Republic | $25,395,000 | +303% |
| 81. | Costa Rica | $24,718,000 | +189.3% |
| 82. | Armenia | $21,382,000 | -18% |
| 83. | Benin | $20,137,000 | +95791% |
| 84. | Georgia | $19,748,000 | +18.4% |
| 85. | Sri Lanka | $15,502,000 | +8.6% |
| 86. | Saint Kitts/Nevis | $15,403,000 | +171044% |
| 87. | Macao | $14,746,000 | +79.9% |
| 88. | Botswana | $13,160,000 | +165.5% |
| 89. | Central African Rep | $12,923,000 | +46054% |
| 90. | Qatar | $12,428,000 | -97.5% |
| 91. | Ivory Coast | $12,265,000 | -28.9% |
| 92. | Papua New Guinea | $9,368,000 | -5.7% |
| 93. | Serbia | $9,315,000 | +15.9% |
| 94. | Trinidad/Tobago | $8,002,000 | -81.6% |
| 95. | Senegal | $7,530,000 | -7% |
| 96. | Cambodia | $6,730,000 | -7.5% |
| 97. | Burkina Faso | $6,726,000 | -33.5% |
| 98. | North Macedonia | $6,311,000 | +135.8% |
| 99. | Kyrgyzstan | $6,137,000 | -81.9% |
| 100. | Guatemala | $5,982,000 | -21.7% |
The greatest percentage increases from 2023 to 2024 belong to relatively small aerospace suppliers in the Cayman Islands (up 3,705,567%), Saint Kitts and Nevis (up 171,044%), Benin (95,791%), Kuwait (64,825%) and Rwanda (up 58,215%).
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 2023 data was available.
Countries Generating Largest Surpluses from Aerospace Trade
The following countries posted the highest positive net exports for aircraft and spacecraft during 2024. 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$98.3 billion (net export surplus up 3.8% since 2023)
- France: $26.6 billion (down -2.7%)
- Germany: $23.6 billion (up 5.1%)
- Canada: $4.4 billion (up 59.9%)
- Spain: $2.4 billion (up 709.4%)
- Italy: $2.1 billion (down -43.2%)
- Israel: $1.5 billion (down -11%)
- United Kingdom: $1.4 billion (reversing a -$213.4 million deficit)
- Chile: $586.9 million (up 13.1%)
- Austria: $460.4 million (up 47.5%)
- Brazil: $329.4 million (down -50.2%)
- Belgium: $256.8 million (up 9.5%)
- Russia: $249.6 million (up 9.4%)
- Sweden: $117.7 million (reversing a -$520.9 million deficit)
- Montserrat: $76.1 million (reversing a -$32,000 deficit)
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 2024. 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$12.9 billion (net export deficit down -17.7% since 2023)
- United Arab Emirates: -$5.6 billion (reversing a -$1.34 billion surplus)
- mainland China: -$5.4 billion (up 19.6%)
- Mexico: -$5.3 billion (reversing a -$486.9 million surplus)
- India: -$5.1 billion (down -48%)
- Japan: -$3.6 billion (up 88.7%)
- Singapore: -$3.3 billion (down -31.6%)
- Taiwan: -$3.1 billion (up 35.7%)
- Qatar: -$2.3 billion (up 181.6%)
- South Korea: -$2.2 billion (up 165%)
- Malaysia: -$2 billion (down -19%)
- Türkiye: -$1.99 billion (up 30.7%)
- Thailand: -$1.7 billion (up 288.3%)
- Hong Kong: -$1.6 billion (down -13.5%)
- Australia: -$1.5 billion (up 129.7%)
Ireland incurred the severest deficit in the international trade of aircraft and spacecraft in 2024. 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)
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 June 9, 2025
Fire Support Aerospace and Defense Marketing, Top 100 Aerospace Companies — 2020. Accessed on June 9, 2025
Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on June 9, 2025
International Trade Centre, Trade Map. Accessed on June 9, 2025
Investopedia, Net Exports Definition. Accessed on June 9, 2025