The import of parts of aircraft and spacecraft to Vietnam has shown a significant upward trend from 2013 to 2023, with the value standing at 390.11 million USD in 2023. Examining the year-on-year variations:
- The imports experienced substantial fluctuations, with notable increases in 2015 (78.25%) and 2017 (45.6%). However, there were also declines during certain years, such as 2018 (-2.49%) and 2020 (-11.74%).
- The compound annual growth rate (CAGR) over the last five years was 5.91%, indicating steady growth despite some interim volatility.
Future trends to watch:
- Forecast data predict a continued increase in imports, with a projected value of 486.67 million USD by 2028, reflecting an average annual growth rate (CAGR) of 3.52% over the next five years. This suggests a slowing but still positive growth trajectory in the coming years.
