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.
- Column: The Tyre Nichols Videos Demand Solemnity, Not Sensationalism
- For People With Disabilities, Losing Abortion Access Can Be a Matter of Life or Death
- Inside the Clandestine Efforts to Smuggle Starlink Internet Into Iran
- How to Help the Victims and Community After the Monterey Park Shooting
- The Biggest Snubs and Surprises of the 2023 Oscar Nominations
- Talking Less Will Get You More
- Kamala Harris Subtly Emerges as Powerful White House Asset
- How Avatar: The Way of Water Became the 6th Movie in History to Make $2 Billion
- Is There Really No Safe Amount of Drinking?
- How Our Cells Strategize To Keep Us Alive