Israel's Defense Export Reaches A Record Of 13.1 Billion US Dollars

Israeli Defense Minister Yoav Gallant (black shirt)/PHOTO via Instagram @yoav.gallant

JAKARTA - Israel's defense exports rose to a record 13.1 billion US Dollars in 2023, citing government data.

About 36 percent of exports come from missile, rocket and air defense systems, followed by radar and electronic warfare, weapons stations and launchers of 11 percent each, with manned and avionic aircraft at 9 percent, the Ministry of Defense said.

Defense exports, totaling 12.5 billion US Dollars by 2022, have doubled over the past five years.

The ministry said defense exports had become a top priority as part of efforts to strengthen security-strategic relations around the world, enter new markets, remove bureaucratic barriers and reduce regulations.

"While our industry mainly focuses on providing defense capabilities to support our troops and defend our citizens... they also continue to strive for cooperation and exports to international partners," said Defense Minister Yoav Gallant.