Daily Almanac for
Aug 30, 2008
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Arms Sales to Developing Nations

 

In 2006, leading manufacturers in the highly competitive global arms market sought higher profits and expanded political influence in weapons sales to developing nations. Despite a 13% drop in worldwide weapons sales from 2005 to 2006, the combined sales of the United States, Russia, and Britain increased. The United States maintained its position as top arms dealer to developing nations in 2006 with $10.3 billion in weapons sales.

Top Suppliers Percentage
United States 36%
Russia 28
Britain 11
Germany 6
China 3

 

Top Recipients Value of Agreements in Billions
Pakistan $5.1
India 3.5
Saudia Arabia 3.2
Venezuela 3.1
Algeria 2.1
Israel 2.1
Brazil 1.1

Source: Congressional Research Service, Sept., 2007

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