Key Market Indicators
Sweden's weapon exports are projected to reach approximately $204 million by 2028, up from about $200 million in 2023. This represents an average annual growth rate of 0.3%. Historical data reveals that since 1965, Swedish weapon exports have increased by an average of 5.3% each year. On the import side, Sweden's weapon imports are expected to rise to around $270 million by 2028, up from approximately $261 million in 2023. This marks an average annual growth rate of 0.6%. Since 1965, the country's demand for imported weapons has surged by over 106% annually. In 2023, Sweden ranked 26th globally in weapon imports, with Morocco surpassing it with the same import value of around $261 million. Qatar, Saudi Arabia, and Kuwait occupied the second, third, and fourth positions, respectively, in the global ranking of weapon imports.
