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Tel Aviv: Israel has set the biggest record of military exports in 2024 so far. This achievement is achieved at a time when he is busy in war on many fronts. According to the latest reports, this year Israel has sold weapons in large quantities than ever. He is currently fighting a large -scale war in Gaza, while in Syria, Lebanon, Iran and Yemen, he is carrying out airstrikes and special military operations. The pressure on the Gaza war on the global stage is constantly increasing, but Israel is not ready to give any kind of concession and is competing with his opponents with full force.

According to the report, the latest data released by the Israeli Ministry of Defense has shown that the country’s defense exports have reached record level in 2024. This year Israel exported US $ 14.8 billion military equipment, crossing the previous record of $ 13 billion in 2023. This is a remarkable increase of 13% from year to year.

This progress has occurred at a time when Israel is facing a situation like criticism and isolated, due to the ongoing war, human rights abuses and genocide allegations in Gaza. Despite this, these circumstances have no negative impact on its defense exports.

Israel’s rising weapon sales

Israeli Ministry of Defense said that this is the highest defense export figure ever and Israel has set a new record for the fourth consecutive year. It is worth noting that this growing weapon sales of Israel have taken place during the longest war in its history. In contrast, Russia’s defense exports have been badly affected between Ukraine War. The available figures indicate that Israel has also made inroads in some markets that were earlier known for Russian weapons.

Russia’s weapons exports fall drastically

According to the report of the Stockholm International Peace Research Institute (SIPRI), Russia’s arms exports between 2019 and 2023 have recorded more than half a decline compared to the last five years. At the same time, this decline has been stated to be even more serious in the report of Jamestown Foundation. According to him, Russia’s defense exports between 2021 and 2024 have fallen by about 92% due to Ukraine war, economic restrictions, inflation and financial crisis. This sharp decline has affected Russia’s grip, especially in Asian markets such as India and Gulf countries. Meanwhile, Israel has taken advantage of the opportunity to increase its defense exports rapidly so that the empty space in the market can be filled.

Growing demand for Israeli weapons in Arab world

After the Abraham agreement, relations between Israel and several Arab countries have improved rapidly, which also saw in arms trade. In 2023, while Israeli’s defense exports to Arab countries were just 3%, the figure rose to 12% in 2024. UAE, Bahrain, Morocco and Sudan have bought weapons of about $ 1.8 billion. Among them, Morocco has achieved the albit ATMOS Howitzer, Puls Rocket System, Barak MX Defense System and a reconnaissance satellite.

Europe became the biggest buyer of Israeli weapons

According to official data, Europe has now become Israel’s largest weapon market, which was 54% of its total defense exports in 2024. The figure was 35% in 2023. In 2024, European countries bought Israeli weapons of about $ 8 billion, while in 2023 the purchase was $ 4.6 billion. The main reason for this bounce is the Russia-Ukraine War, due to which Europe increased its defense budget and started trying to recreate military resources.

India’s strongest partner in Asia

India has emerged as a reliable and leading defense partner in the Asian region for Israel. According to a SIPRI report, between 2020 and 2024, India was the second largest weapon importer in the world. During this period, India did 13% of its total defense imports from Israel alone. After Russia and France, Israel was India’s third largest weapon supplier. Also, Israel has finished second with a 27% stake in the Philippines.

Germany liked Israeli weapons

The historic deal of the Arrow 3 Air Defense System between Israel and Germany proved to be a major jump in Israel’s weapon sales. Israel Aerospace Industries signed a $ 3.8 billion (American) agreement with Germany, the largest Israeli defense agreement ever. The special thing is that despite the criticism of Israel in Europe due to the ongoing dispute in Gaza, there has been an increase in the demand for Israeli weapons by European countries.