Yaron told Channel 1 TV that all arms exports around the world total $30 billion a year. Last year Israel's defense exports totaled $2.5 billion, a ministry official told United Press International.
Israel has very close ties with India and Turkey and some of its main clients are in Latin America. In the past three years Israel and Latin American countries concluded defense contracts worth more than $1 billion, the Defense Ministry reported.
The Director of the Defense Ministry's Foreign Assistance and Defense Export Organization, retired Maj. Gen. Yossi Ben-Hanan, said they focus on selling "phased out systems" from the Israeli army's inventory.
Israel must strive to back these sales "with training that embodies our operational experience," Ben-Hanan added.
Notable deaths of 2014 [PHOTOS]