Key Market Indicators
Spanish Aerospace Exports are projected to soar to approximately $10.3 billion by 2028, up from around $8.7 billion in 2023. This signifies a steady annual growth rate of 2.7%. Since 1993, Spain's aerospace supply has seen an average yearly increase of 4%. In 2023, Spain secured the fifth spot in global rankings, with Singapore surpassing it by matching Spain's $8.7 billion export value. France, Germany, and Singapore occupied the second, third, and fourth positions respectively in the aerospace export rankings.