Key Market Indicators
The country ranked number 28 in 2021, Lithuania came ahead with $182,890,000. Saudi Arabia, Australia and South Korea respectively ranked numbers 2, 3 and 4 in this ranking. Canada is set to see a drop in its weapon imports and exports in the coming years. Imports are predicted to reach $141 million by 2026, a 4 percent decrease from $179 million in 2021. From 1965 to 2021, the decrease has been 5.2 percent year on year. Canada currently ranks 27th in the world for imports, with Lithuania ahead at number 26 with $179 million. Saudi Arabia, Australia, and South Korea are the top three importers. In terms of exports, Canada is expected to reach $175 million in 2026, a 0.5 percent decrease from $183 million in 2021. There has been a 10.7 percent year on year increase since 1965. Canada currently ranks 28th in the world for exports, with Lithuania ahead at number 27 with $183 million. Saudi Arabia, Australia, and South Korea are the top three exporters.
Canada Weapon Market Data and Forecasts
How much will Canada Weapon Market grow to 2026?
More in Weapon Industry for 2028Improve your Knowledge with the latest Indicators and Trends
-
Detection Technologies: Unmasking Standoff IED, Person-Borne & Vehicle-Borne Explosive Threats
The escalating global threat landscape, largely defined by Improvised Explosive Devices (IEDs), and explosives borne by individuals or vehicles has necessitated a paradigm shift in stand-off detection technologies. The realization of more sophisticated, agile, and concealed threats has placed an enormous strain on conventional security systems, as it renders traditional...
Discover more insights -
Weapon and Ammunition Market: Unveiling Insights Across Online Sales to Manufacturing
The advent of digitization has transformed the landscape of the global gun & ammunition industry. Online sales channels have emerged as a crucial segment, bolstering the market's profitability and reach. As buyers prefer the convenience and variety offered by online platforms, manufacturers and sellers increasingly understand the need for an...
Discover more insights -
Artillery Systems Market: Trends, Challenges, Opportunities for Future Growth and Expansion
Artillery systems are experiencing a sharp focus on modernization and advancement in technology. The general transition towards precision-guided munitions has immensely influenced product developments. Geo-political tensions and the concern for national security across various nations have resulted in heightened demand for advanced systems, driving innovations in rocket artillery systems, self-propelled...
Discover more insights -
Logistics Automation: Unraveling the Capacities of Emerging Pick to Light Systems
Spearheading contemporary warehousing practices, light-directed picking technology is emerging as a game-changer. Channeling a blend of speed, accuracy, and efficiency, these pick-to-light systems reduces labor-intensity and enhances task management. Illumination-mediated processes help reduce errors and increase throughput in logistics operations, hence promoting cost effectiveness. These systems offer an intuitive approach...
Discover more insights -
Deconstructing Dynamics of the Global Shoulder Fired Weapons Market
Evolving geopolitical climate and escalation in global defense budgets prioritize advancements in weapon technology. Specifically, shoulder fired weapons market is emerging as a critical segment, driven by expanding anti-vehicle and anti-aircraft warfare measures. Rising incidence of asymmetric warfare, urban fights and counterterrorist activities across different global points are allowing more...
Discover more insights