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The Space Economy at a Glance 2011

image of The Space Economy at a Glance 2011

Space applications have become an important part of everyday life. Weather forecasting, air traffic control, global communications and broadcasting, disaster management -- these and many other key activities would be almost unthinkable today without satellite technology. The space industry itself is relatively small compared to other manufacturing sectors, but its technological dynamism and strategic significance mean that it plays an ever more critical role in modern society. 

This book assembles information on the space economy from a wide range of official and non-official sources. Together these paint a richly detailed picture of the space industry, its downstream services activities, and its wider economic and social impacts. Who are the main space-faring nations? How large are revenues and how much employment is there in the sector? How much R&D goes on, and where? What is the value of spin-offs from space spending? Answers to these and other questions are provided in this second OECD statistical overview of the emerging space economy.

A dynamic link (StatLink) is provided for graphs, which directs the user to a web page where the corresponding data are available in Excel® format.

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Trade

OECD countries account for 90% of the total exports of aerospace products. As shown in Figure 27.3, sixteen countries show a positive aerospace trade balance in 2008, with the United States, France, Germany, Canada, Italy and the Russian Federation having the most revenues. China, Singapore and Japan are mainly importers of aerospace products and services, showing a negative trade balance. The 2009 data confirms that despite the economic crisis, the major aerospace countries have still exported large amounts of products (Table 27.1). Specialisation-wise, aerospace exports represent more than 30% of France, the Russian Federation and the United States’ exports of high technologies (Figure 27.2). India, Japan and China do not rely as much on their aerospace exports, as they are more specialised in the exports of radio and television equipment (Japan and China) and pharmaceuticals (India).

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