Close Menu
    Latest Category
    • Finance
    • Tech
    • EU Law
    • Energy
    • About
    • Contact
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Login
    • EU News
    • Focus
    • Guides
    • Press
    • Jobs
    • Events
    • Directory
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Home » €1,340m EU space craft & space transport exports in 2022

    €1,340m EU space craft & space transport exports in 2022

    eub2By eub230 January 2025Updated:14 February 2025 Trade No Comments2 Mins Read
    — Filed under: EU News
    Share
    Facebook Twitter LinkedIn Pinterest Email

    EU exports of spacecraft and space transport services totalled EUR1,340 million in 2022 after experiencing a 36% drop compared with 2021 (EUR 2,108m), according to figures from Eurostat.

    AI-Generated Satellite Photo by Pixabay

    The set of figures released by the the EU’s statistical agency show that in 2022, 84% of all exports, or EUR 1,129 million, went to countries outside the EU.

    Results refer to the spacecraft (including satellites) and their launch vehicles, and to the space transport services of passengers and freight.

    EU exports peaked in 2012, at €3 273 million, and declined until they fell to €1 913 million in 2016. A sharp recovery occurred in 2017, with exports rising to €2 961 million, before significant drops occurred, notably in 2020, when exports fell to €1 562 million due to the impact of the COVID-19 pandemic.

    EU exports of space transport services 2010-2022
    Source dataset: data on the European space economy
    (based on FIGARO balanced view of international trade)

    On the other side, EU imports of spacecraft and space transport services amounted to €1 274 million in 2022, a 33% decline compared with 2021 (€1 902 million). Most of the imports, 83%, or €1 063 million, came from countries outside the EU.

    Imports peaked in 2015, at €2 978 million, and again in 2017, at €2 708 million. However, a significant decline followed in the subsequent years, bringing imports down to € 1 479 million in 2019. Subsequent developments included a short period of recovery, with imports rising to €1 902 million in 2021.

    EU imports of spacecraft and space transport services - 2010-2022
    Source dataset: data on the European space economy
    (based on FIGARO balanced view of international trade)

    Experimental statistics on the European space economy thematic account, Eurostat

    Thematic section on European system of accounts supply, use and input-output tables, Eurostat

    Add A Comment
    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    eub2
    • Website

    eub2 is the default publisher for EUbusiness.

    Related Content

    Research - Image by Gerd Altmann from Pixabay

    Digital innovation and AI the focus for EUR 7.3 billion Horizon Europe investment

    Innovation - Image by Gregor Mima from Pixabay

    Brussels opens EUR 140m calls for AI projects to deploy key digital technologies

    AI generated - Image by T Hansen from Pixabay

    Researchers invited to shape Europe’s AI strategy

    Stéphane Séjourné - Photo © European Union 2025

    EU selects 47 strategic projects to secure access to raw materials

    High-speed train, Hamburg - Photo by Wolfgang Weiser on Pexels

    Europe’s high-speed railway network expands by 47.2 pct

    Vaccination - Photo by Gustavo Fring on Pexels

    Preventive healthcare expenditure €202 per EU inhabitant in 2022

    LATEST EU NEWS
    Euro - ECB-Photo by Mika Baumeister on Unsplash

    Economic slowdown puts euro under pressure – Euro currency news daily

    23 May 2025

    EU deal on patent rules exception to ensure supply of critical products

    22 May 2025
    Construction workers - Photo by Mikael Blomkvist on Pexels

    EU proposes new cuts to red tape for European businesses

    21 May 2025
    Stéphane Séjourné - Photo © European Union 2025

    EU looks to boost inter-EU trade with new single market strategy

    21 May 2025
    Kaja Kallas - Photo © European Union 2025

    EU slaps new set of sanctions on Russia

    20 May 2025

    Subscribe to EUbusiness Week

    Get the latest EU news

    CONTACT INFO

    • EUbusiness Ltd 117 High Street, Chesham Buckinghamshire, HP5 1DE United Kingdom
    • +44(0)20 8058 8232
    • service@eubusiness.com

    INFORMATION

    • About Us
    • Advertising
    • Contact Info

    Services

    • Privacy Policy
    • Terms
    • EU News

    SOCIAL MEDIA

    Facebook
    eubusiness.com © EUbusiness Ltd 2025

    Design and developed by : 

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?