The aerospace industry export market share in South Korea recorded a value of 0.76 in 2023. Forecasted data shows a consistent yearly increase from 0.77 in 2024 to 0.81 in 2028, reflecting a steady year-on-year growth of approximately 1.25%. The compound annual growth rate (CAGR) over this five-year period is thus around 1.25% annually.
Future trends to watch for include advancements in aerospace technology, potential shifts in global trade policies, and the impact of environmental regulations. Monitoring these factors will be crucial for predicting the sustained growth and competitive positioning of South Korea's aerospace exports.
