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Spain Weapon Industry Outlook 2021

See how Spain Weapon performed compared to key markets such as India, Saudi Arabia and Australia.

Key Market Indicators

The country ranked number 8 in 2021, India came ahead at $1,324,800,000. France, Italy and Israel respectively ranked numbers 2, 3 and 4 in this ranking. Weapon imports to Spain dropped 32.7% in 2021 compared to the previous year, totaling $38 million. This marked a 14.9% decrease since 1965. Spain was ranked 62nd in 2021, while Sri Lanka was ranked ahead at $38 million. Saudi Arabia, Australia and South Korea followed in 2nd, 3rd and 4th place, respectively. Weapon exports from Spain are expected to reach $1.3 billion by 2026, up 2.3% year over year. Since 1965, Spanish supply has grown 19.1% annually. The country ranked 8th in 2021, with India in the lead at $1.3 billion. France, Italy and Israel followed in 2nd, 3rd and 4th place, respectively.

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Spain Weapon Market Data and Forecasts

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