Despite COVID-19, U.S. A&D Achieves $43B Trade Surplus In 2020
Credit: U.S. Department of Commerce
The U.S. aerospace industry provided a foreign trade surplus of around $43 billion in 2020, the U.S. Commerce Department reported this month, a notable achievement amid the onset of COVID-19 but almost half the sector’s 2019 level. Commerce said aerospace achieved a balance, or exports over imports...
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Despite COVID-19, U.S. A&D Achieves $43B Trade Surplus In 2020 is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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