Defense Aircraft - International Trade
Air defense includes military aircraft, troop transport airplanes, helicopters, antiaircraft missiles, military drones, reconnaissance and air guidance equipment, aerial tankers, military maintenance services, etc.
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After China, Mexico and Latin America are forecast to maintain the second largest market for the Aerospace sector in the next two decades.
India was the world largest importer of Defense equipment in 2011.
Canada has the world’s fifth largest aerospace market. In 2011, Canada generated roughly $22 billion in revenues.
The aerospace sector accounted for over $907 million in U.S. exports to Colombia over 2008-10 (average) or 10 percent of total U.S. industrial exports to Colombia.
The U.S. has had a privileged relationship with Colombia in regards to military equipment acquisitions, with few competitors.
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