The global aerospace industry exports reveal significant export values with the United States leading at $143.53 billion in 2024, followed by France at $75.39 billion and Germany at $56.92 billion. Singapore, Spain, and Japan show mid-tier export values with forecasts of $33.45 billion, $8.71 billion, and $8.71 billion respectively. Emerging regional exporters like China and Poland are also noteworthy despite smaller amounts.
Year-on-year variations in the aerospace export values show dynamic shifts across the board. The United States experienced a modest 0.24% increase while Singapore's exports surged by 12.25%. France and Germany observed growth of 2.29% and 2.08% respectively. Notable upward trends include Iceland with a 143.8% increase and New Zealand with a 40.64% increase. On the contrary, Latvia's exports fell by 24.11% and Denmark's decreased by 2.74%, indicating regional disparities.
Future trends in the global aerospace industry exports to watch for include technological advancements, geopolitical impacts, shifting supply chains, and growing markets in Asia-Pacific and Europe. The increased push towards sustainable aviation and space exploration sectors may also redefine country-specific contributions to the industry.
Top countries in Aerospace Industry Exports by Country
| # | 10 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 143,530 | 2023 | +10.59% | +0.24% | View data |
| 2 | 2 France | 75,390 | 2023 | +12.81% | +2.29% | View data |
| 3 | 3 Germany | 56,920 | 2023 | +9.97% | +2.08% | View data |
| 4 | 4 Singapore | 33,450 | 2023 | +17.04% | +12.25% | View data |
| 5 | 5 Spain | 8,710 | 2023 | +9.77% | +3.96% | View data |
| 6 | 6 Japan | 8,710 | 2023 | +10.13% | +1.83% | View data |
| 7 | 7 China | 7,590 | 2023 | +9.27% | -0.43% | View data |
| 8 | 8 Netherlands | 6,310 | 2023 | +10.94% | +2.03% | View data |
| 9 | 9 Russia | 4,690 | 2023 | +17.25% | +3.09% | View data |
| 10 | 10 Poland | 4,520 | 2023 | +12.67% | +3.66% | View data |
