||Total Arms Sales
||Percent of Global Arms Sales
Sources: Richard F. Grimmett, CRS Report for Congress; Conventional Arms Transfers to Developing Nations, 2001-2008.
List Notes: Percentages are rounded. Total sales are arms sales in US dollars to developing and industrialized nations between the years 2001 to 2008.
- The value of all arms transfer agreements worldwide (to both developed and developing nations)
in 2008 was $55.2 billion US dollars. This was a decrease in arms agreements values over 2007 of 7.6%, and the lowest worldwide arms agreements total since 2005.
- Developing nations continue to be the primary focus of foreign arms sales activity by weapons
suppliers. During the years 2001-2008, the value of arms transfer agreements with developing
nations comprised 64.8% of all such agreements worldwide.
- In 2008, the United Arab Emirates ranked first in the value of arms transfer agreements among all developing nations weapons purchasers, concluding $9.7 billion in such agreements. Saudi Arabia
ranked second with $8.7 billion in such agreements. Morocco ranked third with $5.4 billion.
- Despite the global economic climate in 2010, major purchases continue to be made by a select few developing nations in these regions, principally China and India in Asia, and Saudi Arabia in the Middle East.
- The top five countries profiting from the arms trade are the five permanent members of the United Nations Security Council: the USA, UK, France, Russia, and China.
Top 5 facts sources: Richard F. Grimmett, CRS Report for Congress; Conventional Arms Transfers to Developing Nations, 2001-2008, "The Arms Trade is Big Business" Global issues.org.
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