https://sputnikglobe.com/20230522/israeli-arms-exports-set-to-break-2021-record-of-114-bln-1110523163.html
Israeli Arms Exports Set to Break 2021 Record of $11.4 Bln
Israeli Arms Exports Set to Break 2021 Record of $11.4 Bln
Sputnik International
Israel's arms exports last year are projected to break the record set in 2021 when they reached $11.4 billion
2023-05-22T17:50+0000
2023-05-22T17:50+0000
2023-05-22T17:50+0000
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Europe accounted for 41% of Israeli arms exports in 2021, followed by Asian and Pacific nations with 34%, and North America with 12%. Meanwhile, Arab countries that are signatories to the Abraham Accords — a series of joint agreements designed to normalize relations with Israel — accounted for 7% of the country's arms exports, followed by Africa and Latin America with 3% apiece.Israel will continue developing conventional weapons, while focusing on research in artificial intelligence to become a global AI power, Zamir said. The Israeli Defense Ministry will bolster investment in AI research this year and create a dedicated organization that will deal with AI and robotics, he added.
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israeli arms exports, israeli weapons, israeli arms, how much israel earns on war, israeli military exports
israeli arms exports, israeli weapons, israeli arms, how much israel earns on war, israeli military exports
Israeli Arms Exports Set to Break 2021 Record of $11.4 Bln
TEL AVIV (Sputnik) - Israel's arms exports last year are projected to break the record set in 2021 when they reached $11.4 billion after doubling in less than a decade, Director General of the Israeli Defense Ministry Eyal Zamir said on Monday.
"The State of Israel reached an all-time record in 2021 defense exports amounting to $11.4 billion – doubling in less than a decade. We are currently gathering the data for 2022, and I can already say that last year's record is likely to be surpassed," Zamir told a conference at Israel's Reichman University.
Europe accounted for 41% of Israeli arms exports in 2021, followed by Asian and Pacific nations with 34%, and North America with 12%. Meanwhile, Arab countries that are signatories to the Abraham Accords — a series of joint agreements designed to normalize relations with Israel — accounted for 7% of the country's arms exports, followed by Africa and Latin America with 3% apiece.
Israel will continue developing conventional weapons, while focusing on research in artificial intelligence to become a global AI power, Zamir said. The Israeli Defense Ministry will bolster investment in AI research this year and create a dedicated organization that will deal with AI and robotics, he added.
