Key Market Indicators
Swiss Weapon Exports are projected to decline to approximately $113 million by 2028, down from around $156 million in 2023. This represents an average annual decrease of 5.1%. Historically, since 1965, Swiss weapon exports have been decreasing at an average rate of 8.5% per year. In contrast, Swiss Weapon Imports are expected to surge to about $64 million by 2028, up from roughly $27 million in 2023. This marks a robust average annual growth rate of 13.4%. Since 1965, Swiss demand for weapon imports has been increasing at an average rate of 21.7% per year. In the global context, Switzerland ranked 79th in weapon imports in 2023, with Jamaica surpassing it with the same amount of $27 million. Leading the import rankings are Qatar, Saudi Arabia, and Kuwait, occupying the second, third, and fourth positions, respectively.
