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South Korea Aerospace Industry Outlook 2022 - 2026

See how South Korea Aerospace performed compared to key markets such as the United States, Germany and France.

Key Market Indicators

Korea's aerospace imports are forecast to reach almost $4 billion by 2026, up from $3.4 billion in 2021, growing at an average rate of 0.6% year on year. Since 1993, Korean demand has decreased by 7.2% annually. In 2021, Korea ranked 14th, with Taiwan ahead at $3.4 billion. France, Germany and the UK were the top three in this ranking. Korea's aerospace exports are expected to reach $3 billion by 2026, up from $2.5 billion in 2021, growing at an average rate of 2% year on year. Since 1993, Korean supply has increased by 2.2% annually. In 2021, the country ranked 15th, with Poland ahead at $2.5 billion. France, Germany and the UK were the top three in this ranking.

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South Korea Aerospace Market Data and Forecasts

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