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Israel Sets New Record in Defence Exports with Over US$13 Billion in 2023

Our Bureau - : Jun 17, 2024 - : 10:42 pm

The Director General of the Israel Ministry of Defense, Maj. Gen. (Res.) Eyal Zamir, and the Director of the IMOD International Defense Cooperation Directorate (SIBAT), Brig. Gen. (Res.) Yair Kulas announced a record US$13.073 billion in Israeli defence exports for 2023 on Monday.

It is for the third consecutive year that Israel has set a new record in defence exports. The country’s defence exports have doubled within five years, with over a third (36%) of the agreements signed in 2023 being missile, rocket, and air defense systems. This is up from 19% in 2022.

“Israel continues succeeding in its international cooperation and industrial defense exports even during a year marked by war,” said Minister of Defence Yoav Gallant. “This is a reflection of the capabilities and creativity of our industries and our people. While our industries are primarily focused on providing the defense establishment with the capabilities to support our troops and defend our citizens, they are also continuing to pursue areas of cooperation and exports to international partners.”

In recent years, the Israel Ministry of Defense has defined defense exports as a central priority. The Ministry led a national effort to strengthen security-strategic relations worldwide, expand defense exports to new markets, remove bureaucratic barriers, and reduce regulation, following Defense Export Control Agency (DECA) regulations and international conventions.

Significant tiers of defence exports in 2023: Missile, rocket, and air defence systems (36%), radar and EW (11%), weapon stations and launchers (11%), manned aircraft and avionics (9%), ammunition and armaments (8%), observation and optronics (5%), vehicles and APCs (5%), intelligence, information and cyber systems (4%), drones and UAVs (4%), C4I and communication systems (4%), satellites and space systems (2%), and maritime systems and platforms (1%).

Defence export data by geographic distribution: Asia and the Pacific Region (48%), Europe (35%), North America (9%), Latin America (4%), Abraham Accords countries (3%), and Africa .(1%)

Distribution of agreements by financial scope: Agreements over $100 million (40%), agreements between $50-100 million (17%), agreements up to $50 million (23%), and agreements up to $10 million .(20%)

“The remarkable achievements of the Israeli defense industries have doubled defence exports within five years,” said Director General of the Israel Ministry of Defense, Maj. Gen. (res.) Eyal Zamir. “Nations worldwide are recognizing the success of Israeli defense systems, especially in air defense, appreciating their crucial role in safeguarding citizens. Since the onset of the war, the Ministry of Defense has invested tens of billions of dollars in domestic procurement. This strategic approach is expected to further boost our global defense export.”

“This year marks the third consecutive year that Israel’s defence exports have set new records, with significant expansion of production lines to meet rising global demand from defence ministries and military forces worldwide,” said Director of SIBAT, Brig. Gen. (res.) Yair Kulas. “These achievements showcase our industry’s capabilities and the effectiveness of our technological and operational advancements in air, sea, and land.”


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