In 2023, the United Kingdom, France, and Singapore are the leading exporters of parts for turbo-jet or turbo-propeller engines with values of 10.364 billion USD, 8.9223 billion USD, and 5.4876 billion USD, respectively. The United States experienced a substantial decline of 13.88% year-on-year, reflecting market shifts and competitive pressures. Noteworthy growth rates were seen in Brazil (6.26%), Poland (6.06%), and Austria (5.9%), indicating vibrant expansions in these regions. The variations indicate an overall growth trend, although countries like Cyprus and Malta saw significant contractions.
Looking ahead, emerging economies like Azerbaijan and Belarus, with growth rates of 34.86% and 27.9% respectively, are poised to increase their market share significantly. Market participants should monitor geopolitical shifts, technological advancements, and sustainability trends affecting the aerospace sector, as these will shape future export dynamics.
Top countries in Export of Parts of Turbo-Jet or Turbo-Propeller Engines by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 10,364,000,000 | 2023 | +2.1% | +1.87% | View data |
| 2 | 2 France | 8,922,300,000 | 2023 | +3.35% | +3.2% | View data |
| 3 | 3 Singapore | 5,487,600,000 | 2023 | +5% | +3.5% | View data |
| 4 | 4 Germany | 4,217,400,000 | 2023 | +3.82% | +2.37% | View data |
| 5 | 5 Japan | 4,216,700,000 | 2023 | +3.42% | +3.44% | View data |
| 6 | 6 Brazil | 3,820,200,000 | 2023 | +5.12% | +6.26% | View data |
| 7 | 7 Poland | 2,977,900,000 | 2023 | +4.66% | +6.06% | View data |
| 8 | 8 Netherlands | 2,855,600,000 | 2023 | +4.15% | +2.89% | View data |
| 9 | 9 China | 2,647,900,000 | 2023 | +4.14% | +4.35% | View data |
| 10 | 10 Canada | 2,160,900,000 | 2023 | +2.57% | +3.23% | View data |
