Key Market Indicators
Malaysia's aircraft parts exports are projected to reach around $2.1 billion by 2026, up from $1.7 billion in 2021. This is an average growth rate of 3.3% year-on-year since 1994, with a 5.9% increase on average each year. In 2021, Malaysia ranked 15th with China leading the way at $1.7 billion. Germany, Singapore and France followed as the second, third and fourth largest exporters. At the same time, Malaysia's aircraft parts imports are expected to reach $2.1 billion by 2026, up from $1.7 billion in 2021, with a 2.9% year-on-year growth rate since 1994 and a 3.1% average increase each year. In 2021, Malaysia ranked 12th with Japan in the lead at $1.7 billion. France, Germany and Singapore followed as the second, third and fourth largest importers.
