Israel defense exports reached record $12.5 billion last year, including a quarter to Arab partners
The 2022 figures marked a 50% increase over the previous three years and a doubling in volume over the previous decade
Israel exported a record $12.556 billion in defence products last year, with new Arab partners under the U.S.-sponsored 2020 Abraham Accords accounting for almost a quarter of the business, the Defense Ministry said on Tuesday.
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It said the 2022 figures marked a 50% increase over the previous three years and a doubling in volume over the previous decade. Drones accounted for 25% of the 2022 exports and missiles, rockets or air defence systems for 19%, it said.
Without naming specific clients, the ministry said 24% of defence exports were to Abraham Accords countries. United Arab Emirates and Bahrain were signatories to those accords, and Israel often counts Morocco and Sudan as part of them as well.
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Asia and the Pacific accounted for 30% of Israeli defense exports, Europe for 29% and North America for 11%, it said.
