# Aircraft (HS2 88) Sector Trade Overview | Yugalinks

> Published by **Yugalinks**, global trade intelligence for growing businesses.
>
> [Follow Yugalinks on LinkedIn](https://in.linkedin.com/company/yugalinks)

Aircraft at HS2 88, with reported global trade through 2024.

Canonical: https://www.yugalinks.com/trade/sector/hs2/88

## Answer

The aircraft sector recorded $275.2B in reported global trade in 2024, with +10.5% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $275.2B |
| Latest annual change | +10.5% |
| Active exporters | 196 |
| Active importers | 199 |
| Active HS6 products | 15 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $64.8B | 3,788 | 15 |
| 1996 | $72.1B | 3,934 | 15 |
| 1997 | $84.2B | 3,975 | 15 |
| 1998 | $102.5B | 4,279 | 15 |
| 1999 | $104.6B | 4,602 | 15 |
| 2000 | $105.5B | 5,180 | 15 |
| 2001 | $112.9B | 5,259 | 15 |
| 2002 | $110.7B | 5,509 | 15 |
| 2003 | $113.8B | 5,528 | 15 |
| 2004 | $132.1B | 5,797 | 15 |
| 2005 | $141.5B | 6,176 | 15 |
| 2006 | $167.4B | 6,295 | 15 |
| 2007 | $174.9B | 6,615 | 15 |
| 2008 | $202.8B | 6,651 | 15 |
| 2009 | $198.8B | 6,790 | 15 |
| 2010 | $210.6B | 6,696 | 15 |
| 2011 | $228.9B | 7,031 | 15 |
| 2012 | $255.6B | 7,335 | 15 |
| 2013 | $278.4B | 7,515 | 15 |
| 2014 | $294.5B | 7,695 | 15 |
| 2015 | $298.5B | 7,743 | 15 |
| 2016 | $300.8B | 8,119 | 15 |
| 2017 | $288.5B | 8,218 | 15 |
| 2018 | $297.7B | 8,416 | 15 |
| 2019 | $296.7B | 8,671 | 15 |
| 2020 | $193.7B | 7,835 | 15 |
| 2021 | $201.4B | 8,471 | 15 |
| 2022 | $217.4B | 8,379 | 15 |
| 2023 | $261.4B | 8,394 | 15 |
| 2024 | $275.2B | 8,561 | 15 |

## Growth and market structure

- Trend: Rapid growth
- Three-year CAGR: +11%
- Five-year CAGR: -1.5%
- Historical peak: $300.8B in 2,016
- Positive-growth years: 86.2%
- Exporter concentration HHI: 2,494.4
- Importer concentration HHI: 1,273.9
- Trade volatility coefficient: 0.4

## Leading corridors

| Rank | Exporter | Importer | Trade value | Growth | HS6 products | Distance | FTA |
| ---: | --- | --- | ---: | ---: | ---: | ---: | --- |
| 1 | USA, Puerto Rico and US Virgin Islands | United Kingdom | $9.4B | +30.6% | 9 | 5,585 km | No |
| 2 | USA, Puerto Rico and US Virgin Islands | China | $8.7B | +37.9% | 11 | 11,883 km | No |
| 3 | Canada | USA, Puerto Rico and US Virgin Islands | $8.7B | +14.2% | 14 | 556 km | Yes |
| 4 | USA, Puerto Rico and US Virgin Islands | France | $7.4B | +16.2% | 14 | 5,852 km | No |
| 5 | USA, Puerto Rico and US Virgin Islands | Brazil | $7.0B | +15% | 12 | 7,658 km | No |
| 6 | USA, Puerto Rico and US Virgin Islands | Germany | $6.1B | +1.8% | 15 | 6,402 km | No |
| 7 | USA, Puerto Rico and US Virgin Islands | Singapore | $5.9B | +13.7% | 14 | 15,347 km | Yes |
| 8 | Germany | USA, Puerto Rico and US Virgin Islands | $5.8B | +50.5% | 15 | 6,402 km | No |
| 9 | USA, Puerto Rico and US Virgin Islands | Canada | $5.8B | +6% | 15 | 556 km | Yes |
| 10 | Germany | France | $5.5B | +9.9% | 15 | 881 km | Yes |

## Leading exporters

| Rank | Country | Exports | Partners | HS6 products |
| ---: | --- | ---: | ---: | ---: |
| 1 | USA, Puerto Rico and US Virgin Islands | $107.0B | 191 | 15 |
| 2 | France | $42.0B | 167 | 15 |
| 3 | Germany | $31.7B | 159 | 15 |
| 4 | United Kingdom | $14.5B | 165 | 15 |
| 5 | Canada | $14.4B | 163 | 15 |
| 6 | Italy | $5.2B | 145 | 15 |
| 7 | China | $5.1B | 169 | 15 |
| 8 | Spain | $5.0B | 140 | 15 |
| 9 | Brazil | $4.5B | 110 | 15 |
| 10 | India | $4.2B | 110 | 15 |

## Leading importers

| Rank | Country | Imports | Partners | HS6 products |
| ---: | --- | ---: | ---: | ---: |
| 1 | USA, Puerto Rico and US Virgin Islands | $36.4B | 141 | 15 |
| 2 | France | $20.9B | 145 | 15 |
| 3 | Germany | $19.7B | 124 | 15 |
| 4 | United Kingdom | $18.6B | 132 | 15 |
| 5 | China | $15.8B | 89 | 15 |
| 6 | India | $12.3B | 83 | 15 |
| 7 | Canada | $10.5B | 134 | 15 |
| 8 | Brazil | $9.3B | 71 | 15 |
| 9 | Ireland | $8.3B | 83 | 15 |
| 10 | Singapore | $8.2B | 128 | 15 |

## HS6 products

- Balloons and dirigibles: gliders, hang gliders and other non-powered aircraft. (HS6 880100)
- Gliders and hang gliders (HS6 880110)
- Balloons and dirigibles and other non-powered aircraft (HS6 880190)
- Helicopters: of an unladen weight not exceeding 2000kg (HS6 880211)
- Helicopters: of an unladen weight exceeding 2000kg (HS6 880212)
- Aeroplanes and other aircraft: of an unladen weight not exceeding 2000kg (HS6 880220)
- Aeroplanes and other aircraft: of an unladen weight exceeding 2000kg but not exceeding 15,000kg (HS6 880230)
- Aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg (HS6 880240)
- Spacecraft (including satellites) and spacecraft launch vehicles (HS6 880250)
- Spacecraft: (including satellites) and suborbital and spacecraft launch vehicles (HS6 880260)
- Aircraft and spacecraft: propellers and rotors and parts thereof (HS6 880310)
- Aircraft and spacecraft: under-carriages and parts thereof (HS6 880320)
- Aircraft and spacecraft: parts of aeroplanes or helicopters n.e.c. in heading no. 8803 (HS6 880330)
- Aircraft and spacecraft: parts thereof n.e.c. in chapter 88 (HS6 880390)
- Parachutes (including dirigible parachutes and paragliders) and rotochutes: parts thereof and accessories thereto (HS6 880400)
- Aircraft launching gear, deck-arrestor or similar gear and parts thereof (HS6 880510)
- Ground flying trainers and parts thereof (HS6 880520)
- Ground flying trainers and parts thereof: air combat simulators and parts thereof (HS6 880521)
- Ground flying trainers and parts thereof: other than air combat simulators and parts thereof (HS6 880529)
- Unmanned aircraft: for carriage of passengers (HS6 880610)
- Unmanned aircraft: for remote-controlled flight only, for other than for carriage of passengers, with the maximum take-off weight of not more than 250g (HS6 880621)
- Unmanned aircraft: for remote-controlled flight only, for other than for carriage of passengers, with the maximum take-off weight of more than 250g but not more than 7kg (HS6 880622)
- Unmanned aircraft: for remote-controlled flight only, for other than for carriage of passengers, with the maximum take-off weight of more than 7kg but not more than 25kg (HS6 880623)
- Unmanned aircraft: for remote-controlled flight only, for other than for carriage of passengers, with the maximum take-off weight of more than 25kg but not more than 150kg (HS6 880624)
- Unmanned aircraft: for remote-controlled flight only, for other than for carriage of passengers, with the maximum take-off weight of more than 150kg (HS6 880629)
- Unmanned aircraft: for other than remote-controlled flight and other than for carriage of passengers with a maximum take-off weight not more than 250g (HS6 880691)
- Unmanned aircraft: for other than remote-controlled flight and other than for carriage of passengers with a maximum take-off weight more than 250g but not more than 7kg (HS6 880692)
- Unmanned aircraft: for other than remote-controlled flight and other than for carriage of passengers with a maximum take-off weight more than 7kg but not more than 25kg (HS6 880693)
- Unmanned aircraft: for other than remote-controlled flight and other than for carriage of passengers with a maximum take-off weight more than 25kg but not more than 150kg (HS6 880694)
- Unmanned aircraft: for other than remote-controlled flight and other than for carriage of passengers with a maximum take-off weight more than 150kg (HS6 880699)
- Aircraft and spacecraft: propellers and rotors and parts thereof (HS6 880710)
- Aircraft and spacecraft: under-carriages and parts thereof (HS6 880720)
- Aircraft and spacecraft: parts of aeroplanes, helicopters or unmanned aircraft n.e.c. in heading no. 8807 (HS6 880730)
- Aircraft and spacecraft: parts thereof n.e.c. in chapter 88 (HS6 880790)

## Definitions and coverage

Merchandise trade observations aggregated to HS2. Growth, concentration, volatility, and peak comparisons calculated from reported observations. Missing values remain unavailable and are not imputed.

Reported observations cover 1995-2024. The data release was refreshed 2026-07-20 09:34:08.

## Other formats

- [HTML](https://www.yugalinks.com/trade/sector/hs2/88/index.html)
- [JSON](https://www.yugalinks.com/trade/sector/hs2/88/index.json)
- [JSON-LD](https://www.yugalinks.com/trade/sector/hs2/88/index.ld.json)

## About Yugalinks

Yugalinks provides practical trade intelligence for teams evaluating markets, suppliers, and routes. Visit [Yugalinks](https://www.yugalinks.com) or [follow Yugalinks on LinkedIn](https://in.linkedin.com/company/yugalinks).


## Explore Yugalinks

- [Open the trade workspace](https://www.yugalinks.com/app)
- [Read the methodology](https://www.yugalinks.com/methodology)
- [Review data sources](https://www.yugalinks.com/data-sources)
- [Check data coverage](https://www.yugalinks.com/data-coverage)
- [Read Responsible AI principles](https://www.yugalinks.com/responsible-ai)

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). [OECD Data Explorer](https://data-explorer.oecd.org/) · [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) · [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) · [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.