In 2023, Italy, with 36.209 million kilograms, led the European export of bombs, missiles, and similar munitions of war, followed by Spain and Germany. Significant year-on-year variations were observed, particularly in Belgium, which saw a substantial increase of 24.01%, and Austria with a 24.41% rise. On the contrary, the Netherlands experienced a sharp drop of 43.23%. Emerging exporters like Estonia and Ireland showed notable increases at 18.86% and 34.1%, respectively. Countries such as the United Kingdom and Latvia faced declines, reflecting potential market shifts. Generally, exports generally reflected moderate growth with exceptions of steep increases or reductions by certain nations.
Looking ahead, Europe could see an upscale in export capabilities and potential diversification of markets, driven by geopolitical dynamics and technological innovations. However, regulatory policies and international relations will heavily influence these trends. Nations like Ireland and Estonia present interesting cases for growth, while traditional players must navigate potential challenges to maintain their standings.
Top countries in Export of Bombs, Missiles and Similar Munitions of War by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 36,209,000 | 2023 | +5.15% | +7.52% | View data |
| 2 | 2 Spain | 24,572,000 | 2023 | +2.49% | +9.96% | View data |
| 3 | 3 Germany | 9,144,300 | 2023 | +1.6% | +1.57% | View data |
| 4 | 4 France | 8,846,200 | 2023 | -5.86% | +0.89% | View data |
| 5 | 5 Greece | 6,490,900 | 2023 | +9.27% | +9.4% | View data |
| 6 | 6 Czechia | 4,495,900 | 2023 | |||
| 7 | 7 Belgium | 3,843,300 | 2023 | +4.96% | +24.01% | View data |
| 8 | 8 United Kingdom | 3,791,400 | 2023 | -3.05% | -0.9% | View data |
| 9 | 9 Slovakia | 2,981,100 | 2023 | +5.81% | +2.84% | View data |
| 10 | 10 Sweden | 2,127,500 | 2023 | +3.33% | +8.37% | View data |
