The United States remains the world’s preeminent exporter of arms, with more than 50 percent of the global weaponry market controlled by the United States as of 2014.
Arms sales by the U.S. jumped 35 percent, or nearly $10 billion, to $36.2 billion in 2014, according to the Congressional Research Service report, which analyzed the global arms market between 2007 and 2014.
Trailing the U.S. in weapons receipts is Russia, with $10.2 billion in sales in 2014, followed by Sweden with $5.5 billion, France with $4.4 billion and China with $2.2 billion, reports The New York Times.
The top weapons buyer in 2014 was South Korea, a key American ally, which has been squaring off with an increasingly belligerent North Korea in recent years.
Iraq was the second biggest weapons buyer, as the country seeks to build up its military capacity following the withdrawal of the bulk of American ground troops there. Brazil was the third biggest buyer, primarily of Swedish aircraft.
- Florence Pugh Might Just Save the Movie Star From Extinction
- Why You Can't Remember That Taylor Swift Concert All Too Well
- What to Know About the History of the Debt Ceiling
- 10 Questions the Succession Finale Needs to Answer
- How Four Trans Teens Threw the Prom of Their Dreams
- Why Turkey’s Longtime Leader Is an Electoral Powerhouse
- The Ancient Roots of Psychotherapy
- Why Rich People Aren't Using Phone Cases