Key Market Indicators
Australia's aerospace export industry is projected to soar to $2.6 billion by 2028, up from approximately $2.1 billion in 2023. This growth marks an average annual increase of 3.1%. Since 1993, the sector has seen a steady rise, with an average yearly growth rate of 3.4%. In 2023, Australia secured the 14th spot in global aerospace exports, with Belgium slightly ahead at around $2.1 billion. Leading the global rankings, France, Germany, and Singapore occupied the second, third, and fourth positions, respectively.
