The export of aircraft parts from Vietnam has exhibited remarkable growth over the past decade. In 2013, exports stood at $49.771 million and surged to $436.6 million by 2023, reflecting a CAGR of 36% over ten years. The years 2015 and 2016 saw particularly high growth rates, with increases of 157.85% and 111.32%, respectively. However, the growth rate fluctuated in subsequent years. The year-on-year variation in 2023 was 5.43%, with a recent 5-year CAGR of 6.45%.
Future trends indicate continued growth, with a projected CAGR of 3.75% over the next five years, expecting the value to reach $553.0 million by 2028. Key factors to watch include technological advancements, geopolitical impacts, and shifts in global aviation demand.
