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.
- Here’s How Effective the Original Vaccines Are Against Omicron
- The Promise—And Possible Perils—of Editing What We Say Online
- How Trump Survived Decades of Legal Trouble: Deny, Deflect, Delay, and Don't Put Anything in Writing
- Flint Is Still Shaken by its Water Crisis—and Residents Are Experiencing Long-Term Mental-Health Issues
- A Beer Shortage Is Brewing. A Volcano Is Partly to Blame
- How Fasting Can—and Can't—Improve Gut Health
- Cities Keep Enforcing Curfews for Teens, Despite Evidence They Don't Stop Crime
- Joe Manchin’s Red Tape Reform Could Supercharge Renewable Energy in the U.S.
- Column: We Should Talk More About What a Brilliant Actor Marilyn Monroe Was