10 Countries With The Largest Aerospace Industries In The World

8. Spain

Value of Exports: $5.1 Billion

Next in line among the countries with the largest aerospace industries in the world is Spain. Spanish aerospace industry is one of the largest in Europe and includes production of aircraft & systems, engines, and equipment, as well as satellite systems & operations. The industry has grown to a turnover of over $11 billion per year, due to significant investment in research and development that reaches over 10% of the turnover. Spain also has production facilities for several large aerospace companies, such as Airbus and is home to ITP, one of the largest manufacturers of aircraft engine and components.

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