Key Market Indicators
Malaysian weapon imports are projected to reach approximately $186 million by 2028, down from about $201 million in 2023. This represents an average annual decrease of 1.2%. Historically, Malaysian demand for weapons has shown significant growth, with an annual increase of 16.6% since 1965. In the global ranking for 2023, Malaysia was positioned at number 32. Ukraine surpassed Malaysia with imports totaling around $201 million. Leading the rankings were Qatar, Saudi Arabia, and Kuwait, holding the second, third, and fourth positions, respectively. On the supply side, Malaysia has experienced a substantial decline. Since 1987, the country's weapon supply has decreased by 41.8% annually.
