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EU trade in spacecraft products in 2024

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In 2024, the value of EU exports of spacecraft products, including satellites, suborbital and spacecraft launch vehicles, reached €1.217 billion, marking an increase from €1.20 billion in 2019.

At the same time, the import value of these products grew from the €117 million to €166 million. 

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Source dataset: ds-045409

High degree of concentration of trade with few trading partners

In 2024, the United States accounted for 77.3% of the total value of EU exports of spacecraft products. Indonesia came second, contributing to 9.7% of the exports, while South Korea was third at 8.6%. 

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Source dataset: ds-045409 

This article marks the International Day of Human Spaceflight which took place on 12 April.

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Methodological notes

The article refers to the Combined Nomenclature product code 880260 which corresponds to the classification of products by activity (CPA) code 30.30.40. 

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