You know there is something odd about trade figures. In theory if you summed up the trade figures for all the countries in the world it should sum to zero - but it doesn't and never has. The world has an innate trade deficit. For that I am blaming those protectionist martians!
The reason for this are multiple.
1. Many importing companies try to commit import tax and sales tax fraud by letting the exporting companies provide an undervalued invoice or change the invoice themselves.
Customs agencies at the importing end then can decide to either follow the values indicated on the invoice or not. Usually they will not, and estimate values objectively.
The renewed value is not often transmitted to the exporting country for lack of a unified system.
2. Small shipments are never registered on the exporting end, but are very often on the importing end for collecting customs duties.
3. Shipping costs are often not registered on the exporting end but are on the importing end.
4. Administration accuracy. Many papers get lost either by accident or on purpose.
It's difficult to estimate exports correctly, the import values can however be ballpark accurate.
I hope for Airbus that they move quickly to secure a major A330neo order and perhaps also an A380 order, who knows? Their sales team is sluggish and is booking more cancellations than orders.
With the B777X out of the woods, Boeing is doing fine. I don't see China cancelling all MAX orders, there are no other western-made narrowbodies available for delivery in the next 5 years.
The C919 is seeing delay after delay and probably won't enter service in significant enough numbers in the coming 5 years.
China didn't buy a single SSJ100 so I don't see them buying many MC-21's either.
Last edited by Waterbomber2
on Mon May 13, 2019 10:55 pm, edited 1 time in total.