Aerospace Industries Association, U.S.

The Aerospace Industries Association is the voice of American aerospace and defense. AIA advocate for policies and responsible budgets that keep our country strong, bolster our capacity to innovate, and spur our economic growth.

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    • U.S. Aerospace and Defense Industry Balance of Trade
      December 2018
      Source: Aerospace Industries Association, U.S.
      Uploaded by: Knoema
      Accessed On: 22 January, 2019
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      The U.S. Aerospace & Defense (A&D) industry generated $143 billion worth of exports in 2017. Over the past five years, A&D exports have grown by 26 percent, or from $113 billion in 2012 to $143 billion in 2017. A&D accounted for nine percent of all U.S. exports in domestic goods and is the nation’s third largest exporting industry. A&D is the nation’s leading net exporting industry and generated a trade surplus of $86 billion in 2017. Exports of supply chain products including engines, components and parts, accounted for 56 percent, or $80 billion of total U.S. A&D exports. The U.S. is the world’s largest exporter of A&D products and accounted for 34 percent of global A&D exports, up four percent since 2010.   Data cited at:https://www.aia-aerospace.org/