Key Market Indicators
Israel's aerospace export and import are set to grow steadily over the next five years. Exports are projected to reach $2.59 billion by 2026 from $2.36 billion in 2021, growing at an average rate of 1% year on year. This marks a decline of nearly 3% since 2000. In 2021, Israel ranked 16th in aerospace exports, with South Korea overtaking with $2.36 billion. France, Germany and the United Kingdom were ranked 2nd, 3rd and 4th respectively. Meanwhile, imports are expected to reach $2.88 billion by 2026 from $2.01 billion in 2021, at a 3.1% year on year average rate. This marks an increase of more than 11% since 2000. In 2021, Israel ranked 20th in aerospace imports, with Norway overtaking with $2.01 billion. Germany, France and the United Kingdom were ranked 2nd, 3rd and 4th respectively.
Israel Aerospace Market Data and Forecasts
How much will Israel Aerospace Market grow to 2026?
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