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 |
|
Information Please® Database, © 2007 Pearson Education, Inc. All rights reserved.
