Key Market Indicators
Dutch weapon imports are projected to rise to roughly $721 million by 2028, up from approximately $690 million in 2023. This marks a compound annual growth rate (CAGR) of 0.7%. Since 1965, the Netherlands has seen a 37.6% year-on-year increase in weapon imports. In 2023, the Netherlands ranked 15th globally in weapon imports, with South Korea surpassing it, also recording around $690 million in imports. Qatar, Saudi Arabia, and Kuwait took the second, third, and fourth positions respectively in the same ranking. On the export front, Dutch weapon exports are expected to reach about $549 million by 2028, up from nearly $506 million in 2023. This reflects an average annual growth rate of 1.3%. Since 1965, Dutch weapon exports have grown at a rate of 1.7% year on year.