Weapons Sales in New Zealand increased to 6 USD Million in 2018 from 4 USD Million in 2017. Weapons Sales in New Zealand averaged 8.05 USD Million from 1967 until 2018, reaching an all time high of 75 USD Million in 2012 and a record low of 1 USD Million in 1968. source: SIPRI
Weapons Sales in New Zealand is expected to be 5.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Weapons Sales is projected to trend around 1.50 USD Million in 2020, according to our econometric models.
New Zealand Weapons Sales
Weapons Sales are presented as a Trend-Indicator Value based on the known unit production costs of a core set of weapons such as aircraft, air defence systems, anti-submarine warfare weapons, armoured vehicles, artillery, engines, missiles, sensors, satellites, ships and others. The indicator aims to represent the transfer value of military resources rather than the financial value of the transfer.