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Jet engines and gas turbines: top exporters and importers (2024)

In 2024, world trade in jet engines and gas turbines totaled $210.9 billion (461 thousand tonnes). The top exporters were the United States (30%), the United Kingdom (14%) and France (10%); the top importers were the United States (15%), China (8%) and Germany (7%). Compared with 2019, the value rose 16%.

Summary

World trade
$210.9billion
Tonnes
461thousand tonnes
Price per tonne
$440,364
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. United States$63.9 billion · 30.3%
    see destinations
  2. United Kingdom$30.5 billion · 14.5%
    see destinations
  3. France$21.1 billion · 10%
    see destinations
  4. Hong Kong$11.2 billion · 5.3%
    re-exports · see destinations
  5. Canada$10.2 billion · 4.8%
    see destinations
  6. Germany$9.7 billion · 4.6%
    see destinations
  7. Singapore$8.2 billion · 3.9%
    re-exports · see destinations
  8. Japan$7.1 billion · 3.4%
    see destinations
  9. China$5.5 billion · 2.6%
    see destinations
  10. Poland$4.8 billion · 2.3%
    see destinations
  11. Italy$4.7 billion · 2.2%
    see destinations
  12. Mexico$4.1 billion · 2%
    see destinations
  13. India$2.9 billion · 1.4%
    see destinations
  14. Sweden$2.1 billion · 0.99%
    see destinations
  15. Spain$2 billion · 0.96%
    see destinations
  16. Netherlands$2 billion · 0.94%
    re-exports · see destinations
  17. South Korea$1.8 billion · 0.84%
    see destinations
  18. Turkey$1.7 billion · 0.78%
    see destinations
  19. Hungary$1.6 billion · 0.78%
    see destinations
  20. Taiwan$1.3 billion · 0.61%

Top importers

  1. United States$32.2 billion · 15.3%
    see sources
  2. China$17.9 billion · 8.5%
    see sources
  3. Germany$15 billion · 7.1%
    see sources
  4. Hong Kong$14 billion · 6.7%
    re-exports · see sources
  5. Singapore$12.7 billion · 6%
    re-exports · see sources
  6. Japan$10.3 billion · 4.9%
    see sources
  7. France$9.8 billion · 4.6%
    see sources
  8. Brazil$8.5 billion · 4%
    see sources
  9. United Kingdom$8.5 billion · 4%
    see sources
  10. Canada$7.4 billion · 3.5%
    see sources
  11. Poland$4.5 billion · 2.1%
    see sources
  12. United Arab Emirates$4.1 billion · 1.9%
    see sources
  13. India$3.8 billion · 1.8%
    see sources
  14. South Korea$3.6 billion · 1.7%
    see sources
  15. Taiwan$3.6 billion · 1.7%
    see sources
  16. Netherlands$3.4 billion · 1.6%
    re-exports · see sources
  17. Spain$3.3 billion · 1.6%
    see sources
  18. Mexico$3.3 billion · 1.5%
    see sources
  19. Italy$3.1 billion · 1.5%
    see sources
  20. Qatar$3 billion · 1.4%
    see sources

Trend

Who sells it

The United States was the top exporter throughout the period

Value in USD billions. The five largest exporters in 2024.

  • United States 63.9
  • United Kingdom 30.5
  • France 21.1
  • Hong Kong 11.2
  • Canada 10.2

Source: CEPII BACI

Show the numbers
Country19952024
United States10.963.9
United Kingdom3.630.5
France2.821.1
Hong Kong0.111.2
Canada1.710.2

Price

Implied price

The price per tonne rose 376% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $440,364

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$92,517
1996$172,887
1997$183,602
1998$207,197
1999$218,393
2000$225,006
2001$192,651
2002$176,695
2003$208,493
2004$197,593
2005$214,521
2006$223,093
2007$174,998
2008$97,711
2009$140,276
2010$190,726
2011$30,258
2012$223,381
2013$282,961
2014$245,545
2015$156,706
2016$138,009
2017$38,784
2018$377,062
2019$414,524
2020$418,595
2021$337,340
2022$483,345
2023$473,195
2024$440,364

What it includes

  • 8411 · Turbojets and gas turbines

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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