Stockholm, – The United States and Russia maintain their leading positions in exports of major weapons during the period of 2012-2016 jointly amounting to 56% of global arms exports, the Stockholm International Peace Research Institute (SIPRI) said in Monday.
According to SIPRI, the United States continued to be the leader in global arms exports over the last five years with a one-third share of global arms exports. US arms exports increased by 21% compared with the period of 2007-2011.
“The USA supplies major arms to at least 100 countries around the world, significantly more than any other supplier state. Both advanced strike aircraft with cruise missiles and other precision-guided munitions and the latest generation air and missile defense systems account for a significant share of US arms exports,” the director of the SIPRI Arms and Military Expenditure Program Aude Fleurant said as quoted in the press release.
Russia maintains its second place in the ranking, and its share in global arms exports stands at about one-fourth (23%), according to the Russian (Sputnik) News Agency.
India, Vietnam, China and Algeria are the main buyers of the Russian weapons, as 70 % of Russian arms exports went to these four states during the outlined period.
Another three leading countries in SIPRI’s ranking of global weapons exports are China, France and Germany. China’s share of global arms exports rose from 3.8 to 6.2% over the past ten years, and France and Germany accounted for 6% and 5.6% in 2012-2016, respectively.
Source: Qatar News Agency