Key Market Indicators
Exports of British aircraft parts are expected to rise to $16 billion by 2026, from $15.2 billion in 2021. This represents an average growth rate of 1% year-on-year since 1998. Germany, Singapore, and France took the second, third, and fourth spots in the ranking. British imports of aircraft parts are forecast to decline to $3.96 billion by 2026, from $4.05 billion in 2021. This represents a year-on-year average decline of 0.6% since 1998. In 2021, the country was in fifth position, with Singapore overtaking it at $4.05 billion. France, Germany, and Singapore followed in second, third, and fourth.