Arms Sales to Developing Nations
In 2011, leading
manufacturers in the highly competitive global arms market sought higher
profits and expanded political influence in weapons sales to developing
nations. The value of all arms transfer agreements with developing nations more than doubled from $32.7 billion in 2010 to nearly $71.5 billion in 2011. The
United States maintained its position as top arms dealer to developing
nations in 2011, with $56.3 billion or 78.7% of these agreements, a significant increase from 2010's market share of 43.6%.
| Top Suppliers |
Percentage |
| United States |
78.7% |
| Russia |
5.7 |
| France |
3.8 |
| China |
2.9 |
| Italy |
1.5 |
| Top Recipients |
Value of Agreements in
Billions |
| Saudi Arabia |
$33.7 |
| India |
6.9 |
U.A.E |
4.5 |
| Israel |
4.1 |
| Indonesia |
2.1 |
| China |
1.9 |
| Taiwan |
1.6 |
|
Information Please® Database, © 2007 Pearson Education, Inc. All rights reserved.
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