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US Civilian Aircraft Exports SurgeNon-Military Aircraft Products Are America’s Number 1 Export
While the North American automotive industry slumped in 2007, worldwide sales of American civilian aircraft including engines and parts gained 15.9%.
Totalling US$87.1 billion in 2007, exports from the U.S. civilian aircraft industry now represent 7.5% of overall American exports – more than any other sector. Total export sales are comprised of shipments of fully assembled civilian aircraft, engines plus other parts such as control instruments and aircraft landing gear. The analysis below shows the countries that bought the most American-exported commercial and private aircraft products last year. Top Countries for US Civilian Aircraft ExportsSales of complete civilian aircraft from America to the rest of the world rose 19.6% in 2007 to US$48.9 billion. Assembled civilian aircraft now accounts for 4.2% of all exports shipped from the USA.
The above 18 countries bought 79.6% of total U.S. exports of fully assembled civilian aircraft in 2007, with India showing the highest percentage gain among the listed countries. Top Countries for Exported US Civilian Aircraft EnginesLast year, total American exports of civilian aircraft engines gained 15.2% to $19.5 billion. Commercial and private aircraft engines now represent 1.7% of total American exports.
The above 10 countries bought 82.4% of civilian aircraft engines exported from the USA in 2007. Top Countries for Exported US Civilian Aircraft PartsIn addition to engines, U.S. exports of other parts including aircraft landing gear increased 8% to $18.8 billion in 2007. Sales of these aircraft parts now generate 1.6% of overall American shipments.
The above 14 countries imported 81% of the total civilian aircraft parts that the United States exported in 2007. Sources for this ArticleFor a list of source materials complete with links to the most current information on country-specific GDP, trade partners, imports and exports, visit the Richest Research Sources panel at the top right of the World’s Richest Countries website. That site is a reference toolkit developed specifically for international trade researchers.
The copyright of the article US Civilian Aircraft Exports Surge in Import/Export is owned by Daniel Workman. Permission to republish US Civilian Aircraft Exports Surge in print or online must be granted by the author in writing.
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