A satellite in space.

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. 

Trade in spacecraft products, 2019 and 2024. Bar chart - Click below to see full dataset

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%. 

EU exports of spacecraft products, 2024. Pie chart - Click below to see full dataset

Source dataset: ds-045409 

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

For more information

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. 
 

If you have any queries, please visit our contact us page.