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Portugal Weapon Industry Outlook 2022 - 2026

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

Key Market Indicators

The country came in number 46 in 2021, Belarus came ahead with $30,142,000. China, Canada and Germany respectively were numbers 2, 3 and 4 in this ranking. Portugal's weapon imports and exports are forecasted to drop over the next five years. In 2021, Portugal's weapons imports stood at $33 million, a decrease of 24.5% compared to the previous year. This was the 66th highest figure globally, with Venezuela taking first place. Saudi Arabia, Australia, and South Korea followed in second, third, and fourth place respectively. Portugal's weapon exports, meanwhile, are expected to reach $22 million by 2026, a decrease of 5.2% on average compared to the previous year. This was the 46th highest figure globally, with Belarus in the top spot. China, Canada, and Germany came in second, third, and fourth place, respectively. Since 1965, Portuguese demand for weapons has increased by 9.2% year on year. Since 1972, Portuguese supply has decreased by 29.4%.

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Portugal Weapon Market Data and Forecasts

Improve your Knowledge with the latest Indicators and Trends