Key Market Indicators
In 2022, Mauritania surpassed several nations with weapon exports valued at $30 million, positioning it at rank 74 globally. Qatar, Saudi Arabia, and Kuwait secured the 2nd, 3rd, and 4th positions, respectively, in the same ranking. South Africa's weapon exports are projected to decline to approximately $68 million by 2028, down from around $74 million in 2023. This marks an average annual decrease of 1.2%. Historical data since 1972 reveals a consistent downward trend for South African weapon exports, averaging a 3.9% decline per year.
