The forecasted arms exports by Turkiye show a consistent upward trend from 2024 to 2028, starting at 439.28 million US dollars in 2024 and reaching 569.31 million US dollars in 2028, when expressed in constant 1990 dollars. Comparing these projections with actual data, arms exports stood at 406.8 million US dollars in 2023. The year-on-year variation from 2024 onwards shows an average growth rate (CAGR) of approximately 6.6% over the five-year period.
Future trends to watch for include geopolitical developments, defense spending policies of major importers, and advancements in military technology. Additionally, shifts in global alliances and regional conflicts could significantly impact these exports.
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