The global export of gas turbine engines in 2023 was led by the United Kingdom, France, and Singapore, with significant exports from Germany and the United States. Notable growth was seen in Poland, Spain, Latvia, and India, indicating robust demand. Conversely, countries like the United States and Switzerland experienced declines. Emerging markets such as Colombia, Kuwait, Botswana, Azerbaijan, and Bosnia and Herzegovina demonstrated substantial year-on-year growth, showcasing dynamic market shifts. The 5-year CAGR highlights a steady upward trend in several Asian and European countries.
Future trends to watch include the ongoing increase in demand from emerging markets, potential shifts in global supply chains, and technological advancements in gas turbine efficiency and fuel types. Trade policies and geopolitical developments may also influence global export dynamics.
Top countries in Export of Gas Turbine Engine by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 27,656,000,000 | 2023 | +2.46% | +2.11% | View data |
| 2 | 2 France | 17,902,000,000 | 2023 | +3.07% | +2.01% | View data |
| 3 | 3 Singapore | 14,007,000,000 | 2023 | +5.26% | +3.29% | View data |
| 4 | 4 Germany | 12,780,000,000 | 2023 | +2.43% | +1.3% | View data |
| 5 | 5 United States | 7,620,500,000 | 2023 | -3.61% | -3.18% | View data |
| 6 | 6 Canada | 7,235,300,000 | 2023 | +2.77% | +2% | View data |
| 7 | 7 Japan | 5,659,700,000 | 2023 | +2.45% | +1.65% | View data |
| 8 | 8 Netherlands | 5,387,700,000 | 2023 | +3.96% | +3.74% | View data |
| 9 | 9 China | 4,525,500,000 | 2023 | +3.64% | +5.35% | View data |
| 10 | 10 Brazil | 4,517,800,000 | 2023 | +5.04% | +5.54% | View data |
