Tag: arms export

The United States Is Still The World’s Largest Arms Exporter

Chinese arms manufacturers are not listed on the Stockholm International Peace Research Institute (SIPRI) list despite exporting arms around the world.

US companies account for 59% of arms sales among the Top 100 when it has the world’s top five arms manufacturers.

According to SIPRI, the top 100 defense companies accounted for $ 420 billion in 2018, an increase of 4.6% compared to 2017 and 47% higher than in 2002. According to the statistical results for the period of 2015-2019, the main imports are Saudi Arabia, India and Egypt.

SIPRI said sales growth in the top 100 arms deals in 2018 was mainly due to the contributions of the top-ranked companies, especially the top five, all of which are based in America. Growth in sales of the top 100 arms deals in 2018 could correlate with increased military spending across the globe, especially the United States, from 2017 to 2018.

According to SIPRI, the proportion of US military arms exports in the period of 2015-2019 has increased by 23%, corresponding to the proportion of global arms exports increased to 36%. In the 2015-2019 period, U.S. arms exports were 76% higher than Russia’s second largest arms exporter, Russia.

American companies account for 59% of arms sales in the Top 100. Ranked No. 1 among global defense companies is Lockheed Martin, with $ 47.2 billion in 2018. Second place is Boeing with 29.2 billion USD. Followed by Northrop Grumman with $ 26.2 billion, Raytheon with $ 23.4 billion and General Dynamics with $ 22 billion. Sixth place was British defense company BAE, at $ 21 billion.

In particular, there are 10 Russian companies in the Top 100, led by state-owned Almaz-Antey – a manufacturer of air defense systems and other weapons. Almaz-Antey ranked ninth on the list with sales of 9.6 billion USD.

Notably, Chinese arms manufacturers did not appear on the list, even though China exported weapons all over the world. Chinese arms companies are not in the top 100 of SIPRI because of the lack of data to make a reasonable or consistent estimate of arms sales since 2002. However, there is information about some of Large companies are part of the Chinese arms industry, mostly state owned.

Representatives of other countries included in this list include Leonardo (Italy) with US $ 9.8 billion, Thales (France) with US $ 9.4 billion, Rheinmetall (Germany) with US $ 3.8 billion, Cong Group. Heavy Industries (Japan) with USD 3.6 billion and Elbit Systems (Israel) with USD 3.5 billion.

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