Over the last decade, Belgium's aerospace industry exports demonstrated significant fluctuation, with a general uptrend from 2013 to 2018, a sharp decline in 2020 and 2021 due to global disruptions, and a strong recovery in 2022 and 2023. The year 2023 marked a return to growth at around 10.67%, standing at $2.63 billion USD.

Year-on-year variations highlight the volatility of the sector, especially during the recent global downturn. However, the last five years have shown an average annual growth rate (CAGR) of approximately 1.35%, indicating a resilient resurgence.

Future trends to watch for:

Technological advances driving efficiency and innovation
Geopolitical influences affecting global trade dynamics
Sustainability initiatives impacting production and regulation
Economic recovery post-pandemic influencing global demand for aerospace products