Strategic Analysis of External Factors Influencing Korea Aircraft Parts Exports

As global competition intensifies and technological advancements accelerate in the aviation industry, Korea's aircraft parts export sector is increasingly exposed to external environmental fluctuations, posing significant challenges to its sustained growth. Key external factors—including exchange rate volatility, geopolitical developments, the implementation of Free Trade Agreements (FTAs), and offset trade policies—have both direct and indirect effects on export performance. This study aims to systematically examine these external influences and propose strategic directions to enhance the global competitiveness of Korea's aircraft parts industry. Employing an empirical analysis based on the gravity model, the research analyzes export data from 2000 to 2022 to identify major determinants of export performance. The study's value lies in its combination of quantitative analysis and strategic insight, providing a practical foundation for future policymaking and the development of effective export strategies by both government and industry stakeholders.