Washington: Israel’s weapons business reached unprecedented heights in 2024, promoting $14.7 billion in arms even whereas preventing a protracted conflict in Gaza and dealing with rising tensions with Iran. Over half of the exports (54 p.c) went to European international locations, largely in superior air protection methods.
The Russia-Ukraine conflict fuelled additional demand, giving Israeli protection corporations a uncommon windfall. The Israeli Defence Ministry launched the figures in June 2025, highlighting the fourth consecutive 12 months of record-breaking exports.
The defence sector posted a 13 p.c enhance in turnover in contrast with 2023, surpassing $14.7 billion. European nations bought practically $8 billion value of kit, a dramatic rise from 35 p.c within the earlier 12 months.
The Asia-Pacific area ranked second however fell far behind Europe. Probably the most bought gear included air defence methods, akin to parts of the Iron Dome, which accounted for 48 p.c of the gross sales. Missiles, drones, radars and cyber warfare know-how additionally noticed excessive demand.
Corporations such because the Israel Aerospace Industries (IAI), the Rafael Superior Defence Techniques and the Elbit Techniques led the exports.
Conflict As A Advertising Software
Regardless of important casualties and destruction in Gaza, Israeli weapons gained credibility on the battlefield. European consumers thought-about these methods examined and dependable. The continuing Russia-Ukraine battle created pressing wants for air defence and superior army know-how, which Israel provided with velocity. Tensions with Iran additionally contributed. An tried missile assault by Tehran in April 2024 elevated demand for Israeli defence methods.
Involved by regional threats, European nations sought Israeli know-how. Regardless of requires boycotts over the Gaza conflict, gross sales continued to rise.
Europe’s Strategic Purchases
Germany, France, Italy and the UK positioned substantial orders. Berlin invested billions in Iron Dome parts. Poland acquired drones and missile methods. Romania focussed on radars and air defence options.
Whereas the European Union criticised Israel over Gaza, it remained the most important commerce companion, partaking in $45.5 billion value of commerce in 2024. Some EU nations warned that continued battle in Gaza might jeopardise commerce advantages, however no important restrictions materialised.
Financial Beneficial properties, Strategic Challenges
Weapons gross sales bolstered Israel’s financial system. The defence business contributes seven p.c of the GDP and creates round 50,000 jobs. Income from exports helped offset conflict bills estimated at $60 billion.
On the identical time, worldwide criticism grew. The United Nations accused Israel of “mass atrocities” in Gaza. The US offered $18 billion in assist, whereas boycott actions intensified throughout Europe. The Netanyahu authorities framed excessive exports as proof of self-reliance and introduced plans to increase additional into Asian and African markets.
World Implications
Israel’s surge in arms gross sales illustrates the profitability of battle. Greater than 40,000 deaths occurred in Gaza in 2024 alone, and tensions with Iran stay excessive. Europe’s heavy purchases could upset regional steadiness within the Center East.
Specialists argue for stricter international rules on arms commerce. Israel’s success demonstrates technological superiority, but it surely additionally raises moral questions on cashing in on conflict.
The story of Israel’s 2024 defence exports exhibits a nation turning battle into commerce, with penalties that ripple far past its borders.