EU spacecraft exports reach €2.2 billion as trade recovers

The European Union recorded €2.2 billion in exports of spacecraft and space transport services in 2023, while imports from outside the bloc reached €628 million, according to the latest FIGARO international trade data.

Exports of these high-technology manufactured products to non-EU countries previously peaked at €3.7 billion in 2012 before experiencing a decline to €1.5 billion by 2016.

The sector saw a recovery in 2017 with figures rising to €2.3 billion, though a significant...