gmcdonald @ aerodynamicadvisory . com
Decoupling with China ? U . S . AEROSPACE IMPORTS AND EXPORTS
Decoupling with China ?: U . S . Aerospace Imports and Exports from China
U . S . Aerospace Imports and Exports From / To China , 2005 - 2020
Billions
$ 20
$ 15
$ 10
$ 5
$ 0
2005 2007 2009 2011 2013 2015 2017 2019
Imports ($ M RHS ) |
Column1 |
Column2 |
Exports ($ B LHS ) |
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▪ A potential decoupling with China is currently generating media coverage
▪ However , excluding the impact of COVID-19 and the 737MAX crisis , both aerospace imports from and aircraft exports to China have risen
▪ While there may be further supply chain decoupling among defense primes , sourcing from China to preserve market access for U . S . companies will likely remain an important part of the supply chain
▪ The U . S . maintains a significant trade surplus with China in aerospace ($ 558M in aerospace imports and $ 18.2B in aerospace exports in 2018 )
Source : AeroDynamic Advisory aerodynamicadvisory . com
$ 600
$ 450
$ 300
$ 150
$ 0
Millions
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