Key Market Indicators
Saudi Arabia's export of aircraft parts is expected to reach $622 million by 2026, up from $525 million in 2021. This growth of 2.6% year-on-year has been consistent since 1996, when the export rate was 5% higher than the previous year. Saudi Arabia ranked 23rd in the world in 2021, behind Poland's $525 million. Germany, Singapore and France ranked second, third and fourth, respectively. The import of aircraft parts into Saudi Arabia is expected to reach $2.55 billion by 2026, up from $2.32 billion in 2021. This growth of 1.4% year-on-year has been decreasing since 1996, when it was 1.3% lower than the previous year. Saudi Arabia ranked 10th in the world in 2021, behind China's $2.32 billion. France, Germany and Singapore ranked second, third and fourth, respectively.
