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South Korea Weapon Industry Outlook 2022 - 2026

See how South Korea Weapon performed compared to key markets.

Key Market Indicators

Korean weapon export is set to reach $1.04 billion by 2026, up from $830 million in 2021. This represents a 3.2% year-on-year growth on average since 1984. Korean weapon import is set to reach $1.48 billion by 2026, up from $1.30 billion in 2021. This represents a 1.7% year-on-year growth since 1965. In 2021, Australia had the highest import value at $1.30 billion, followed by Saudi Arabia, Australia and South Korea.

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South Korea Weapon Market Data and Forecasts

How much will South Korea Weapon Market grow to 2026?

Forecast: Total Researchers in Manufacture of Weapons and Ammunition in South Korea
Forecast: Total Internal R&D Personnel in Manufacture of Weapons and Ammunition in South Korea
Forecast: Turnover in Manufacture of Weapons and Ammunition by Size Class in South Korea
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