Key Market Indicators
Armenian imports of aircraft parts fell 42.6% in 2021 to $31,720, down from $55,240 in 2020. Armenia ranked 127th in the world, with Swaziland coming in ahead at $31,720. France, Germany and Singapore placed second, third and fourth respectively. Armenian exports of aircraft parts are expected to reach $333,810 by 2026, up from $258,810 in 2021. This would represent an average growth of 4% year on year since 2002 and a 58.8% growth year on year. Armenia placed 90th in 2021, with Bosnia and Herzegovina coming in ahead at $258,810. Germany, Singapore and France came in second, third and fourth respectively.
