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Israel’s Defense Exports Hit Record $15 Billion in 2024 Despite European Pressure, Calls for Arms Embargo
Israeli troops on the ground in Gaza. Photo: IDF via Reuters
Israel reached a new all-time high in defense exports in 2024, nearing $15 billion — the fourth consecutive year of record-breaking sales — despite mounting international criticism over the war in Gaza and growing pressure from European countries to suspend arms deals.
In a press release on Wednesday, Israel’s Defense Ministry announced that defense exports reached over $14.7 billion last year — a 13 percent increase from 2023 — with more than half of the deals valued at over $100 million.
According to the ministry, Israel’s military exports have more than doubled over the past five years, highlighting the industry’s rapid expansion and growing global demand.
“This tremendous achievement is a direct result of the successes of the IDF [Israel Defense Forces] and defense industries against Hamas in Gaza, Hezbollah in Lebanon, the Houthis in Yemen, the Ayatollah regime in Iran, and in additional arenas where we operate against Israel’s enemies,” Israeli Defense Minister Israel Katz said in a statement.
“The world sees Israeli strength and seeks to be a partner in it. We will continue strengthening the IDF and the Israeli economy through security innovation to ensure clear superiority against any threat – anywhere and anytime,” Katz continued.
In 2024, over half of the Jewish state’s defense contracts were with European countries — up from 35 percent the previous year — as many in the region have increased their defense spending following Russia’s 2022 invasion of Ukraine.
Despite increasing pressure and widespread anti-Israel sentiment among European governments amid the current conflict in Gaza, this latest data seems to contradict recent calls by European leaders to impose an arms embargo on the Jewish state over its defensive campaign in Gaza against the Palestinian terrorist group Hamas.
On Wednesday, Germany reversed its earlier threat to halt arms deliveries to Israel, reaffirming its commitment to continue cooperation and maintain defense contracts with Jerusalem.
“Germany will continue to support the State of Israel, including with arms deliveries,” German Foreign Minister Johann Wadephul told lawmakers in parliament.
Last week, Berlin warned it would take unspecified measures against Israel if it continued its military campaign in Gaza, citing concerns that exported weapons were being used in violation of humanitarian law.
“Our full support for the right to exist and the security of the State of Israel must not be instrumentalized for the conflict and the warfare currently being waged in the Gaza Strip,” Wadephul said in a statement.
Germany would be “examining whether what is happening in the Gaza Strip is compatible with international humanitarian law,” he continued. “Further arms deliveries will be authorized based on the outcome of that review.”
Spain and Ireland are among the countries in Europe that have threatened or taken steps to limit arms deals with Israel, while others such as France have threatened unspecified harsh measures against the Jewish state.
According to the Israeli defense ministry’s report, since the outbreak of war on Oct. 7, 2023, after the Hamas-led invasion of and massacre across southern Israel, the operational successes and proven battlefield performance of Israeli systems have fueled strong international demand for Israel’s defense technology.
Last year, the export of missiles, rockets, and air defense systems reached a new high, making up 48 percent of the total deal volume — up from 36 percent in 2023.
Similarly, satellite and space systems exports surged, accounting for 8 percent of total deals in 2024 — quadrupling their share from 2 percent in 2023.
While Europe dominated Israel’s defense export market in 2024, significant portions also went to other regions. Asia and the Pacific made up 23 percent of total sales — slightly lower than in previous years, when the region approached 30 percent.
Exports to Abraham Accords countries fell to 12 percent, down from 23 percent in 2022, while North America remained stable at around 9 percent.
The post Israel’s Defense Exports Hit Record $15 Billion in 2024 Despite European Pressure, Calls for Arms Embargo first appeared on Algemeiner.com.
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Israel Readies for a Nationwide Strike on Sunday
Demonstrators hold signs and pictures of hostages, as relatives and supporters of Israeli hostages kidnapped during the Oct. 7, 2023 attack by Hamas protest demanding the release of all hostages in Tel Aviv, Israel, Feb. 13, 2025. Photo: REUTERS/Itai Ron
i24 News – The families of Israeli hostages held in Gaza are calling on for a general strike to be held on Sunday in an effort to compel the government of Prime Minister Benjamin Netanyahu to agree to a deal with Hamas for the release of their loved ones and a ceasefire. According to Israeli officials, 50 hostages now remain in Gaza, of whom 20 are believed to be alive.
The October 7 Council and other groups representing bereaved families of hostages and soldiers who fell since the start of the war declared they were “shutting down the country to save the soldiers and the hostages.”
While many businesses said they would join the strike, Israel’s largest labor federation, the Histadrut, has declined to participate.
Some of the country’s top educational institutions, including the Hebrew University of Jerusalem and Tel Aviv University, declared their support for the strike.
“We, the members of the university’s leadership, deans, and department heads, hereby announce that on Sunday, each and every one of us will participate in a personal strike as a profound expression of solidarity with the hostage families,” the Hebrew University’s deal wrote to students.
The day will begin at 6:29 AM, to commemorate the start of the October 7 attack, with the first installation at Tel Aviv’s Hostages Square in Tel Aviv. Further demonstrations are planned at dozens of traffic intersections.
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Netanyahu ‘Has Become a Problem,’Says Danish PM as She Calls for Russia-Style Sanctions Against Israel
Israeli Prime Minister Benjamin Netanyahu speaks to the press on Capitol Hill, Washington, DC, July 8, 2025. REUTERS/Evelyn Hockstein
i24 News – Israeli Prime Minister Benjamin Netanyahu has become a “problem,” his Danish counterpart Mette Frederiksen said Saturday, adding she would try to put pressure on Israel over the Gaza war.
“Netanyahu is now a problem in himself,” Frederiksen told Danish media, adding that the Israeli government is going “too far” and lashing out at the “absolutely appalling and catastrophic” humanitarian situation in Gaza and announced new homes in the West Bank.
“We are one of the countries that wants to increase pressure on Israel, but we have not yet obtained the support of EU members,” she said, specifying she referred to “political pressure, sanctions, whether against settlers, ministers, or even Israel as a whole.”
“We are not ruling anything out in advance. Just as with Russia, we are designing the sanctions to target where we believe they will have the greatest effect.”
The devastating war in Gaza began almost two years ago, with an incursion into Israel of thousands of Palestinian armed jihadists, who perpetrated the deadliest massacre of Jews since the Holocaust.
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As Alaska Summit Ends With No Apparent Progress, Zelensky to Meet Trump on Monday
Ukrainian President Volodymyr Zelensky speaks at the press conference after the opening session of Crimea Platform conference in Kyiv, Ukraine, 23 August 2023. The Crimea Platform – is an international consultation and coordination format initiated by Ukraine. OLEG PETRASYUK/Pool via REUTERS
i24 News – After US President Donald Trump hailed the “great progress” made during a meeting with Russian counterpart Vladimir Putin in Alaska on Friday, Ukrainian leader Volodymyr Zelensky announced that he was set to meet Trump on Monday at the White House.
“There were many, many points that we agreed on, most of them, I would say, a couple of big ones that we haven’t quite gotten there, but we’ve made some headway,” Trump told reporters during a joint press conference after the meeting.
Many observers noted, however, that the subsequent press conference was a relatively muted affair compared to the pomp and circumstance of the red carpet welcome, and the summit produced no tangible progress.
Trump and Putin spoke briefly, with neither taking questions, and offered general statements about an “understanding” and “progress.”
Putin, who spoke first, agreed with Trump’s long-repeated assertion that Russia never would have invaded Ukraine in 2022 had Trump been president instead of Democrat Joe Biden.
Trump said “many points were agreed to” and that “just a very few” issues were left to resolve, offering no specifics and making no reference to the ceasefire he’s been seeking.