Key Market Indicators
Honduran weapon imports are projected to reach $15 million by 2028, marking a steady increase from $13.7 million in 2023. This represents an annual growth rate of approximately 1.6%, according to recent data. Since 1974, Honduras has seen a significant rise in its demand for weapons, with an average annual increase of 68.8%. In 2023, Honduras ranked 100th globally in terms of weapon imports, with Ivory Coast slightly ahead at $13.7 million. Leading the global ranking were Qatar, Saudi Arabia, and Kuwait, holding the second, third, and fourth positions, respectively.
