Key Market Indicators
Australian weapon exports are set to hit $420 million by 2026, an increase of 4.5% each year on average. Since 1974, exports have grown 18.4% annually. Weapon imports are projected to reach $1.8 billion in 2026, up 2.1% annually since 2021. Demand has grown 8.4% each year since 1965. In 2021, Saudi Arabia topped the rankings with $1.5 billion, followed by Australia and South Korea.
