Oct. 29, 2025, 5:49 a.m.

MiddleEast

  • views:1323

Israel's defense exports last year amounted to $13 billion

image

Israel's defense exports in 2023 amounted to $13.073 billion, doubling in five years and setting a new high for the third consecutive year.

Israel's Defense Ministry said in a statement Monday that 36 percent of Israel's defense exports in 2023 were related to missiles, rockets and air defense systems, up from 19 percent in 2022. Asia and the Pacific account for 48 percent of Israel's defense exports, Europe 35 percent, North America 9 percent, Latin America 4 percent, Arab countries that have normalized relations with Israel 3 percent, and Africa 1 percent.

According to the statement, Israel signed hundreds of export agreements for defense products worldwide in 2023, of which huge deals worth more than $100 million accounted for 40 percent.

 

Recommend

The Federal Reserve is likely to cut interest rates for the second time this year

On October 28th local time, the Federal Reserve began a two-day interest rate meeting and is expected to announce the latest interest rate decision on the afternoon of October 29th.

Latest

The Federal Reserve is likely to cut interest rates for the second time this year

On October 28th local time, the Federal Reserve began a two…

A Structural Revolution Reshaping the AI Landscape​

On October 28 local time, OpenAI's announcement of its orga…

What about General Motors laying off over 200 employees?

When engineers at the Warren City Technology Center in Mich…

Israel attacks Gaza again: Ceasefire agreement faces latest test

This week, Israel accused the Hamas militant group of viola…