Aerospace and Defense Exporter Alert, September 2023

Aerospace and Defense Exporter Alert
September 2023

Welcome to the Aerospace & Defense Exporter Alert.  Brought to you by the U.S. Department of Commerce’s, Industry & Analysis-Aerospace Office and U.S. Commercial Service. Each edition highlights an important aerospace and defense market, industry policy and our signature events. We also include tools to export such as export statistics, market research, trade events and U.S. government advocacy.

Market of the Month - Saudi Arabia

Overview
Saudi Arabia’s defense market is overseen by the Ministry of Defense (MoD), which is responsible for Saudi Arabia’s national security, and has grown substantially over the last decade, in part due to a significant procurement drive fueled by the war in Yemen. As of 2023, Saudi Arabia has the fifth largest defense budget in the world following the United States, China, Russia, and India. According to the 2023 budget released by the Saudi Ministry of Finance in December 2022, the Kingdom will spend $69 billion in defense in 2023 – approximately 23 percent of its total budget, which increased by 50 percent from last year. The significant increase in the defense budget is part of the Saudi Vision 2030 goals and requirements to localize 50 percent of the Government spending in the defense sector.

Partnership between the United States and Saudi Arabia is based on over seven decades of close cooperation and cultural exchange, as well as abiding security ties. The United States and Saudi Arabia have a common interest in preserving the stability, security, and prosperity of the Gulf region and consult closely on a wide range of issues. Saudi Arabia is the United States’ largest foreign military sales (FMS) customer, with more than $84.3 billion in implemented FMS cases. According to the Stockholm International Peace Research Institute, Saudi Arabia imports nearly 80 percent of its arms from the United States. Through FMS, the United States supports three key security assistance organizations in Saudi Arabia – the Ministry of Defense, the National Guard, and the Ministry of the Interior.

Click here for a full report on the Market of the Month - Saudi Arabia

Signature Events & Programs

We engage with events and trade shows to accelerate the global reach of the events. Providing participants the assurance that the U.S. Department of Commerce not only recognizes the event, but is committed to using the event to maximize opportunities for U.S. exporters.

Webinar: Colombia UAS and C-UAS Opportunities     September 14, 2023 8:00 - 9:30AM, Los Angeles, CA 10:00 - 11:30AM, Bogota, Colombia 11:00 - 12:30PM, Washington, DC Speakers Include: U.S. Embassy Commercial Briefing Colombian National Police, Antinarcotics Directorate - DIRAN Colombian Aerospace Force, Defense, and Base Security Office – JESED Colombian Aerospace Force Purchasing Agency- ACOFA Sign-up for the webinar. Questions: Lina Contreras, Luke Yanos

Webinar: Learn About Aerospace & Defense Supplier Summit September 27, 2023, 11:00AM EST Speakers Boeing, Global Supplier Development BCI Aerospace Past Company Participant U.S. Commercial Service Sign-up for A&DSS Webinar Questions: Diane Mooney or AJ Anderson

Virtual Global Chat with U.S. Embassy Commercial Specialists from the Middle East   September 27- October 12, 2023, 09:00-11:00PM EST Meet virtually one-on-one with U.S. Embassy Commercial Specialists from UAE, Qatar, Saudi Arabia, Kuwait, Egypt, Ethiopia, South Africa and India. Sign-up for Virtual Global Chat Questions: Jacqueline Roeder

Resources to Help You Export: U.S. Embassy Support through the U.S. Commercial Service Monday, Oct. 9, 2023, 1:00-1:45PM AUSA, WEWCC (Convention Center), Room: 209B Join us and learn about the many ways we can support your international business. We can help you… Explore your company’s sales potential around the globe. Find and qualify new overseas business partners and representatives. Access export promotion STEP grant funds to support your international business development. Improve your chances of winning a foreign government procurement by working with us. Questions: April Redmon or Paul Matino

Saudi Arabia Defense Market & World Defense Show 2024 Trade Event Partnership Program - Webinar Wednesday, July 12, 2023 8:00 AM - 9:30 AM   Speakers U.S. Embassy, Riyadh DOD and Political/Military Offices Lockheed Martin - Saudi Arabia & Africa World Defense Show   Sign-up for Saudi Arabia Webinar Now Cost: Free Questions: Erik Hunt

Global Trade Events

We've pulled together a list of trade shows to help you plan your outreach.

Click here for a complete list of Global Trade Events.

Export Statistics

We've rounded up the latest statistics on U.S. aerospace & defense exports to help you pinpoint your most promising export destinations.

Top U.S. Export Destinations

12 Month Aerospace & Defense Exports to the IPEF Countries
(June 2022 - May 2023; USD)

Click here for a complete list of Top U.S. Export Destinations - Middle East

Export Statistics (US Monthly)

Monthly U.S. Civil Aircraft, Engines, and Parts Exports

Click here for a complete list of Export Statistics (U.S. Monthly)

Top 20 U.S. Civil Aircraft, Engines, and Parts Export Destinations

(May 2022 - April 2023)

Click here for a complete list of Top 20 U.S. Export Destinations

U.S. Civil Aircraft, Engines, & Parts Exports to the Middle East and South Africa
(June 2022 - May 2023)

https://www.trade.gov/aerospace-defense-exporter-alert-sep-2023

Market Research (IPEF)

Comprehensive industry reports from our global network of aerospace industry experts highlighting export potential for your products and services.

Click here for a complete list of Market Research

Advocacy in Action

Improve your chances of winning a foreign government procurement by working early in the process with the Advocacy Center. Assistance is available to U.S. businesses across industry for projects ranging from small contracts to large multi-year efforts. Each year, trillions of dollars in foreign government procurement opportunities are put out for competitive bidding. 

Click below to learn about trillions of dollars in foreign government procurement opportunities.

Contact Us!

Our mission is to increase U.S. exports, enhance job creation, strengthen national security, promote and protect U.S. commercial interests abroad, and deliver customized solutions to ensure that U.S. businesses compete and win in the global marketplace. Export assistance is provided to U.S. companies who manufacture goods and/or provide services of at least 51% U.S. content. We assist companies in the following areas:

• International Trade Counseling,
• Business Matchmaking,
• Market Intelligence,
• Customized Services, and much more.

Contact Us to find your local International Trade Specialist.

Please direct newsletter questions to Erica Ramirez at Erica.Ramirez@trade.gov