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Defense Minister Ahn Gyu-back presiding over a defense industry meeting.
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South Korea Arms Exports 2030: Chasing the Top 4 with a $15 Billion Momentum

2 min readSource

On Jan 23, 2026, Defense Minister Ahn Gyu-back detailed the South Korea arms exports 2030 vision, aiming for the global top 4 ranking with a 6% market share following a record $15 billion year.

A $15 billion milestone isn't just a record—it's a launchpad. South Korea is aggressively pivoting to secure 6% of the global market to become the world's fourth-largest arms exporter by 2030.

Targeting 6% Global Market: The South Korea Arms Exports 2030 Roadmap

On January 23, 2026, Defense Minister Ahn Gyu-back met with top defense executives in Seoul to galvanize the industry. According to the Ministry of National Defense, the meeting focused on enhancing industry-wide cooperation to sustain the current export boom.

Minister Ahn pledged comprehensive support, ranging from financial assistance to technological consultancy. This proactive stance follows high-profile deals including the export of K2 tanks to Peru and armored vehicles to various European nations, signaling Seoul's intent to dominate the middle-tier defense market.

Breaking the $15 Billion Barrier

Last year, South Korea's arms exports surpassed US$15 billion, effectively snapping a two-year decline. The government's strategic focus is now shifting toward 2030, aiming for a significant presence in the global defense hierarchy. Some 30 officials attended today's session, highlighting the critical nature of private-public synergy in achieving these targets.

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