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Israel military exports were $7.5 billion in 2018, down 18%

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The Defense Ministry says the country's military exports were $7.5 billion last year, down 18% from the previous year.

 

The ministry said on Wednesday that despite the drop, the 2018 figures were a "major success" and the second-highest level in the past decade.

 

It said the $9.2 billion of defense exports in 2017 were "out of the ordinary" but was unable to explain the drop in 2018, saying only that the global market is "dynamic."

 

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