Key Market Indicators
Canada's aerospace industry is set for slight growth over the next five years. Imports are expected to reach $12.5 billion by 2026, a 1% annual growth rate compared to 2021. This is a small increase from the 0.1% annual growth rate since 1986. In 2021, China surpassed Canada's imports with $10.7 billion, while Canada came in eighth place. Exports are predicted to reach $14.1 billion by 2026, a 0.5% average annual growth rate since 2021. This is a slight decrease from the 0.9% annual decline since 1986. In 2021, Singapore surpassed Canada's exports with $12.9 billion, while Canada was in sixth place. France, Germany, and the United Kingdom respectively took spots two, three, and four.
Canada Aerospace Market Data and Forecasts
How much will Canada Aerospace Market grow to 2026?
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