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Make your business take flight with the soaring aircraft trade

29 Dec, 2022

We typically associate airplanes with speedy travel and transportation of goods. Though, it can be easy to miss that planes, that carry all this cargo, are themselves a hot commodity with an enormous market. There are numerous businesses dedicated to the exchange, buying, and selling of these massive flying machines. With The Trade Vision’s free aircraft import and export data, your too can soar high in the world of aircraft trade! Subscribe or book a demo with us to find more leads for your import export business.

Flying elicits infatuation and wonder. We’ve all looked at a bird soaring across the sky and imagined what it would feel like. There’s even a famous Greek myth of a flying man named Icarus who flew too close to the sun. That romance makes smaller planes a highly sought-after luxury for many of us. Airplanes also make it possible to conquer vast distances and trounce transport challenges. As the world becomes smaller and the pace of life increases, the potential for aviation grows rapidly.

The Trade Vision is a premier data provider and market intelligence company with decades of import-export experience. Access data on the go with our accessible and comprehensive data reports from over 100 countries.

Types of aircraft and humble beginnings

There are 3 types of aircraft: Lighter than air crafts like hot air balloons and blimps made from light materials. These are made in great varieties and are popular for recreation. Heavier than air crafts are cargo and military planes. They are the most expensive and highly developed. Civil aircraft are nonmilitary aircraft heavier than air. These are the most common of the three.

The Wright Brothers pioneered aviation in 1903 in America with their practical approach. Their successful attempts made this romanticism with flying a concrete reality. Aviation took off relatively quickly in the following years. Taking flight is widely considered a great milestone in technological development. With it, more and more people have realized that the possibilities are truly endless.

Aircraft export analysis

Let us offer you some essential information that goes beyond our free aircraft export data. France hosts a majority of Airbus’s production and highly trained engineers. The country is focused on the assembly of finished aircraft. While Boeing, the famed American manufacturer, constantly rivals Airbus in business and product development. The United Kingdom leads the design and production of aircraft parts. These include engines, wings, structures, and landing gear. Singapore specializes in refurbishing aircraft. Canada produces smaller executive jet airliners mainly made by Bombardier.

Top exporting countries (2020)

  1. France ($66.2 billion)
  2. Germany ($53.2 billion)
  3. United Kingdom ($43.8 billion)
  4. Singapore ($20.7 billion)
  5. Canada ($16.9 billion)

Aircraft import analysis

Countries like the US and China import large numbers of military aircraft to fortify their defenses. Another reason for importing is the popularity of air travel in these countries. The other countries tend to import aircraft to dismantle them and feed their large industries. Aircraft require a lot of expensive resources and are recycled as much as possible. Find more clues about the intricacies of aircraft imports through our free aircraft import data. Subscribe with us to gain more valuable insights.

Top importing countries (2020)

  1. United States ($73 billion)
  2. France ($29.9 billion)
  3. Germany ($29.3 billion)
  4. China ($23.7 billion)
  5. United Kingdom ($19.7 billion)

What to expect in the future

Air travel symbolizes freedom from geographical and time-related restrictions. Military jets are the ultimate show of power after nuclear weaponry. There is a huge market for lighter-than-air crafts for individuals to soar across the sky. Highly developed technologies like navigation systems, landing gear deployment, and many others all have their own thriving sectors.

The aviation industry is a long-term one that seems to be less affected by short-term conditions. Electric aircraft, automated factories, and AI-powered research are being utilized to curb long-term challenges. The industry shows little signs of stagnation and seems to have huge potential.