HS Code:
Generators suitable for use on aircraft (typically classified under HS Code 8501.61 or related subcategories depending on specific tariff schedules) are specialized electrical devices designed to provide power for aircraft systems. These generators must meet stringent safety, weight, and performance standards due to the unique operational environment of aircraft. They are critical components in both commercial and military aviation, powering essential systems like navigation, communication, and onboard electronics. Global trade in this category is influenced by the aerospace industry's growth, technological advancements, and geopolitical factors affecting aviation supply chains.
Total Trade Volume
Approximately $1.2 billion USD
Data from 2022
Source
United Nations Comtrade Database & International Trade Centre (ITC)
$450 million USD
37.5% of total trade of total trade
Increasing
$200 million USD
16.7% of total trade of total trade
Stable
$150 million USD
12.5% of total trade of total trade
Increasing
$100 million USD
8.3% of total trade of total trade
Stable
$80 million USD
6.7% of total trade of total trade
Decreasing
Average Rate
3.5% ad valorem
Highest Rate
8% (imposed by certain developing economies)
Lowest Rate
0% (under free trade agreements like EU-US arrangements or WTO commitments)
Rising demand for fuel-efficient and lightweight generators
Driven by the aviation industry's push for sustainability and reduced carbon emissions, manufacturers are investing in innovative materials and designs, increasing trade in next-gen products.
2021-2023
Growth in military aviation spending
Increased defense budgets in countries like the US, China, and India have boosted demand for specialized aircraft generators, impacting export volumes from key supplier nations.
2020-2022
Supply chain disruptions due to geopolitical tensions
Trade flows have been affected by export restrictions and sanctions, particularly impacting supply from certain regions and increasing costs for end-users.
2022-2023
A new bilateral agreement reduced tariffs on aircraft components, including generators, to 0% between the US and EU, fostering greater trade volume.
June 2023
Expected to increase transatlantic trade by 10-15% in the next two years, benefiting major exporters like the US and France.
China implemented stricter export controls on technologies with potential military applications, including certain aircraft generators, citing national security concerns.
March 2023
May reduce supply availability in global markets, prompting buyers to source from alternative countries like the US or Germany.
Companies like Honeywell and Safran unveiled new lightweight, high-efficiency generators tailored for next-generation aircraft, driving competitive trade dynamics.
September 2022
Likely to shift market share toward innovators, with increased exports from countries hosting these manufacturers (US and France).