Key Market Indicators
Indonesia's aircraft parts imports are projected to reach $742 million by 2026, up from $631 million in 2021. This is an average growth rate of 2.5% year-on-year, compared to the 0.9% increase since 1994. In 2021, Indonesia ranked 20th in the world for aircraft part imports, behind India's $631 million. Germany, France, and Singapore took the 2nd, 3rd and 4th spots, respectively. Meanwhile, aircraft parts exports from Indonesia are estimated to drop slightly to $75 million by 2026, from $76 million in 2021. This is a decrease of 0.6% year-on-year, compared to the 0.3% decline since 1994. In 2021, Indonesia placed 40th in the world for aircraft parts exports, behind Luxembourg's $76 million. Germany, Singapore, and France came in 2nd, 3rd and 4th places, respectively.
