Key Market Indicators
American weapon exports are projected to hit $15.8 billion by 2028, up from $14.7 billion in 2023. This marks an average annual growth rate of 1.1%. Since 1965, the country's supply of weapons has seen an average yearly increase of 8.8%. On the import side, American weapon imports are expected to decline to $760 million by 2028, down from $825 million in 2023. This represents an average annual decrease of 1.3%. Despite this recent decline, American demand for imported weapons has historically grown by an average of 16.8% per year since 1965.
