Which country is the largest arms exporter?
Market share of the leading exporters of major weapons between 2016 and 2020, by country
Characteristic | Share of international arms exports |
---|---|
United States | 37% |
Russia | 20% |
France | 8.2% |
Germany | 5.5% |
What countries does us sell arms to?
U.S. arms exports in 2020, by country (in TIV expressed in million constant 1990 U.S. dollars)
Exports to | Export value in TIV in million constant (1990) U.S. dollars |
---|---|
Saudi Arabia | 2,151 |
Australia | 1,132 |
South Korea | 917 |
Japan | 724 |
Why does the US sell arms to other countries?
They argue that arms sales are a tool for strengthening the military capability of allies and strategic partners to increase regional stability abroad. A competing view is that economic motives drive arms sales. This has been echoed by President Trump.
Does the US government sell arms?
U.S. Arms Transfers Increased by 2.8 Percent in FY 2020 to $175.08 Billion. Over the last fiscal year, authorized arms exports (including both commercial and government-managed) rose by 2.8 percent from $170.09 billion to $175.08 billion, adding thousands of jobs to the U.S. economy and sustaining many thousands more.
Who is the biggest customer of US weapons?
According to data from the Stockholm International Peace Research Institute (SIPRI), the biggest importer of arms from the United States from 2015 to 2019 was Saudi Arabia.
How much was Trump’s arms deal with Saudi Arabia?
On May 20, 2017, U.S. President Trump and Saudi Arabia’s Salman bin Abdulaziz Al Saud signed a series of letters of intent for the Kingdom of Saudi Arabia to purchase arms from the United States totaling US$110 billion immediately, and $350 billion over 10 years.