Israeli arms sales hit new record of $11.3 billion in 2021

Israeli arms sales hit new record of $11.3 billion in 2021

Annual Israeli arms sales reached a new record in 2021, according to Defense Ministry figures released Tuesday, with officials citing a sharp increase in demand for Israeli-made weapons.

The ministry’s International Defense Cooperation Directorate, known as SIBAT, said defense exports totaled $11.3 billion last year, up from $8.3 billion in 2020. Exports previously hit a record high of $9.2 billion in 2017 owing to several large deals.

Europe was the largest purchaser of Israeli defense goods, buying 41% of total exports, followed by the Asia-Pacific region at 34% and North America at 12%.

The United Arab Emirates and Bahrain, which recently normalized relations with Israel in agreements known as the Abraham Accords, accounted for 7% of the arms purchases. Lastly, Africa and Latin America each accounted for 3%.

Missiles, rockets, and air-defense systems made up the largest chunk of exports at 20%, followed by training services at 15%. Exports of unmanned aerial vehicles and drones amounted to 9% of all arms sales, as did radar and electronic warfare systems.

While Israel is well known for cyber-intelligence systems, they only amounted to 4% of all sales in the past year. Officials did not specify which countries they were sold to. Israeli sales of such technology have come under increasing scrutiny in recent years due to allegations they were used by some countries to spy on political dissidents and journalists.

Avionics, electronic monitoring, weapons launchers, vehicles and ammunition accounted for much of the rest.

“Security relations are an integral component of Israel’s political relations and our ability to cooperate with other countries, and we work to strengthen those ties and create new security partnerships,” said Defense Minister Benny Gantz.

“The peak in defense agreements in 2021 is first and foremost a means of strengthening the security of the State of Israel,” he added.

According to an independent global security think tank, Israel was ranked the 10th-largest international weapons exporter in the past five years.

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