# HS 880260 (Including Satellites) And Suborbita global trade...

Reported global trade in (including satellites) and suborbital and spacecraft launch vehicles reached $2.1B in 2024, with five-year annual growth of +7.3%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $2.3B | +9.5% | +19.8% |
| 2014 | $1.6B | -32.1% | -6.1% |
| 2015 | $1.9B | +20.2% | -3.6% |
| 2016 | $1.0B | -46.3% | -24% |
| 2017 | $1.5B | +52.5% | -0.5% |
| 2018 | $2.9B | +89.2% | +15.7% |
| 2019 | $1.5B | -49.7% | +13.3% |
| 2020 | $1.1B | -25% | -10.6% |
| 2021 | $1.1B | +0.8% | -27.5% |
| 2022 | $1.1B | -5.2% | -10.5% |
| 2023 | $2.3B | +113.4% | +26.8% |
| 2024 | $2.1B | -7% | +23.5% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| USA | $750.5M | +17.3% | 24 |
| France | $314.0M | -9.8% | 14 |
| Pakistan | $201.0M | +38.1% | 2 |
| Germany | $190.4M | +111.7% | 19 |
| Indonesia | $124.2M | +312.9% | 3 |
| Republic of Korea | $118.5M | +65.6% | 5 |
| Ireland | $98.5M | +350.7% | 8 |
| Luxembourg | $92.9M | +8.2% | 5 |
| India | $36.8M | -22.7% | 6 |
| Belgium | $30.3M | +392.1% | 7 |
| Slovenia | $22.4M | +921.8% | 2 |
| Italy | $13.3M | +69.2% | 38 |

_Source: reported merchandise trade data. Updated 2026-08-14._