Israel Defense Sales Drop in 2018

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Elbit Gun

Israel’s Defense sales dropped to $7.5 billion in 2018. This is down 18% from the record $9.1 billion sale of exports in 2017. The most significant drop was from sales to the Asian Pacific region, which dropped 35%, from $5.3 billion in 2017, to $3.45 billion in 2018. Sales to Africa also dropped in 2017, from 5% of total exports in 2018, to 2%. Compensating for the decrease in sales to Asia was an 18% increase to North America, a 2% increase in sales to Europe and a doubling of sales to Latin America.

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