Key Market Indicators
Russia's aerospace export is forecast to reach nearly $5 billion by 2026, up from around $4.2 billion in 2021. This represents an annual growth rate of 1.8%. Since 2001, Russian supply has grown 3.9% year on year. In 2021, Russia ranked 13th in the world, with Ireland overtaking it at $4.2 billion. France, Germany and the UK came in second, third and fourth place respectively. Russia's aerospace import is expected to reach $7 billion by 2026, up from $6.01 billion in 2021. This represents a year-on-year growth rate of 2.2%. Since 2001, Russian demand has grown 2.1% on an annual basis. In 2021, Russia ranked tenth in the world, with Japan overtaking it at $6.01 billion. Germany, France and the UK came in second, third and fourth place respectively.