As of February 18, we're $15,900 in the red for the quarter. Donate here to support this vital work
Subscribe here and join the 13,823 subscribers to our free weekly newsletter

U.S. dominates global arms sales, with Saudi Arabia the top customer
Key Excerpts from Article on Website of Yahoo! News


Yahoo! News, March 16, 2021
Posted: April 6th, 2021
https://news.yahoo.com/u-dominates-global-arms-sales-1130500...

The U.S. accounted for 37% of all global arms exports over the last five years, with Saudi Arabia – easily the world's top arms buyer – accounting for one-quarter of those sales, according to new data from the Stockholm International Peace Research Institute. U.S. arms exports rose by 15% from 2011-2015 to 2016-2020, with 96 countries buying arms from America. Russia remained the second-largest exporter with 20% of the market, but supplied a smaller pool of 44 countries and saw sales fall by 22% from the previous five years due primarily to a decrease in sales to India. The next largest arms exporters were France (8% of the total), Germany (5%) and China (5%). China's sales also slid by 8% in the past five years, while exports from Europe increased significantly. Israel and South Korea both accounted for about 3% of the total after significantly increasing their exports over the past five years. Russia had four major clients that accounted for two-thirds of all exports – India, China, Algeria and Egypt – while Pakistan was by far China's biggest client. The U.S. had a diversified pool of major buyers: Saudi Arabia, Australia, South Korea, Japan, the UAE, Qatar, Israel and the U.K. Arms imports overall were flat between 2011–2015 and 2016–2020, but rose in the Middle East (+25%) while falling in the Americas (-43%), Africa (-13%), and Asia and Oceania (-8.3%).

Note: For more along these lines, see concise summaries of deeply revealing news articles on military corruption and war from reliable major media sources.


Latest News


Key News Articles from Years Past