Key Market Indicators
Aerospace imports and exports in Singapore are expected to reach $55.6 billion by 2026, up from $41.9 billion in 2021. This represents an average annual growth rate of 3.3%. Since 1994, the country has seen an average 12.4% year-on-year growth in imports. In 2021, Singapore ranked fourth in the world in aerospace imports, behind the United Kingdom ($22.9 billion), Germany ($21.7 billion) and France ($19.8 billion). When it comes to exports, Singapore is expected to hit $25 billion by 2026, up from $19.1 billion in 2021. This represents an average annual growth rate of 3.4%. Since 1994, the country has seen an average 10.3% year-on-year growth in exports. In 2021, Singapore placed fifth in the world, behind the United Kingdom ($19.1 billion), France ($18.7 billion), Germany ($15.8 billion) and the United States ($14.7 billion).
Singapore Aerospace Market Data and Forecasts
How much will Singapore Aerospace Market grow to 2026?
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