Key Market Indicators
The country ranked number 22 in 2021, Israel overtook at $188,530,000. The United States, Russia and France respectively were numbers 2, 3 and 4 in this ranking. Swedish imports of weapons fell 57.1% in 2020, compared to 2019, to $3 million. This is the lowest reported since 1965 and was enough to place the country 121st in the global rankings. Somalia overtook Sweden on the list with $3 million in imports. Saudi Arabia, Australia and South Korea were ranked 2nd, 3rd and 4th, respectively. Swedish exports of weapons are estimated to reach $188.5 million by 2026, down 2.9% from the 2021 figure of $222.4 million. This is the lowest reported since 1965 and was enough to place Sweden 22nd in the global rankings. Israel overtook Sweden in the rankings with $188.5 million in exports. The United States, Russia and France were ranked 2nd, 3rd and 4th, respectively.