Key Market Indicators
New Zealand's aircraft parts imports are predicted to reach $178 million by 2026, up from $175 million in 2021. This growth rate is a slight improvement from the 1.2% average year-on-year increase since 1994. Austria was ahead of New Zealand in 2021, importing $174.9 million. France, Germany and Singapore were the next three biggest importers. Meanwhile, New Zealand's aircraft parts exports are expected to drop slightly to $23.5 million by 2026, compared to $23.3 million in 2021. This is despite a 7.9% average year-on-year increase since 1994. Latvia outstripped New Zealand in 2021, exporting $23.3 million. Germany, Singapore and France were the next biggest exporters.
