Key Market Indicators
French weapon imports are projected to decline slightly over the next five years. By 2028, imports are expected to reach approximately $82 million, down from around $83 million in 2023. This represents an average annual decrease of 0.1%. Historically, French demand for weapons has been on the decline, falling by an average of 15.5% year on year since 1965. In the 2023 rankings, France stood at 52nd place, with Venezuela just ahead at the same figure of $83 million. Qatar, Saudi Arabia, and Kuwait occupied the top three spots in the ranking. In contrast, French weapon exports are on the rise. By 2028, exports are anticipated to hit roughly $3.4 billion, up from about $3.2 billion in 2023. This marks an average annual growth rate of 1%. Since 1965, France's weapon supply has increased significantly, with an average annual growth rate of 10.1%.
