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Ukraine Could Export Billions in Military Goods in 2026 After First Wartime Foreign Sales
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Ukraine could export several billion dollars’ worth of military goods and services in 2026 after authorizing its first wartime foreign sales and is weighing a tax on those exports, according to Reuters on February 20.
Davyd Aloian, deputy secretary of Ukraine’s National Security and Defense Council, stated that a state commission earlier this month approved most of 40 applications from defense producers to export materiel and services, after Kyiv halted weapons exports following Russia’s February 2022 invasion.
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Aloian said the potential, including “ready-made products, spare parts, components, and services,” amounted to “several billion dollars,” while adding the longer-term potential was “significantly higher” than before the war.
Aloian played down expectations of an immediate export surge, saying Ukraine’s own military needs must remain the priority as Russian forces advance in the east and strike targets far from the front line.
He said foreign demand for Ukrainian defense technology was growing, citing interest from Germany, Britain, the US, Nordic countries, three Middle Eastern countries, and at least one Asian country, and said exports would be prioritized for Ukraine’s strongest backers.
He added that Kyiv also wanted to prioritize joint ventures and other forms of cooperation over simple sales of ready-to-use products, to attract investment, build new supply chains for the front line, and gain access to technology.
The remarks followed Kyiv’s February 12 announcement that Ukrainian arms producers had received the first wartime licenses to export goods abroad, a move that National Security and Defense Council Secretary Rustem Umerov said was intended to attract investment and expand domestic production.
In a statement, Umerov said Ukraine’s annual defense production capacity exceeds $55 billion, and a source familiar with the process told Reuters that dozens of export applications had been approved.
Earlier, it was reported that Ukraine planned to expand wartime defense exports via export hubs in Europe in order to sell battlefield-tested systems and channel revenues into domestic defense production and research.
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