Key Market Indicators
New Zealand's weapon imports are projected to reach approximately $67.5 million by 2028, up from $65.8 million in 2023. This marks an annual growth rate of 0.4%. Since 1965, the country's demand for weapons has surged by 61.5% annually. In the 2023 rankings, New Zealand was positioned at number 58, with Iraq surpassing it at the same import value of $65.8 million. Qatar, Saudi Arabia, and Kuwait occupied the second, third, and fourth spots, respectively. On the supply side, New Zealand has seen a significant increase since 1972, with a yearly growth rate of 21.7%.
