U.S. extends lead in global arms exports, study shows

Updated 2018-03-12 11:15:03 Xinhua

The United States has strengthened its position as the world's top arms seller over the past five years, providing 34 percent of total arms exports, a Swedish-based research institute said Monday.

In its latest overview of global arms transfers, the Stockholm International Peace Research Institute (SIPRI) said that U.S. arms exports increased by 25 percent in the 2013-2017 period, compared with 2008-2012.

U.S. exports in the period 2008-2012 accounted for 30 percent of the world total.

"Based on deals signed during the (former U.S. President Barack) Obama administration, U.S. arms deliveries in 2013-2017 reached their highest level since the late 1990s," said Aude Fleurant, director of the SIPRI Arms and Military Expenditure Program. "These deals and further major contracts signed in 2017 will ensure that the United States remains the largest arms exporter in the coming years."

According to the study, U.S. arms exports in the 2013-2017 period were 58 percent higher than those of Russia, the second largest arms exporter in that period.

During the 2013-2017 period, the United States sold arms to at least 98 countries, SIPRI said. A large portion of U.S. exports comprised combat and transport aircraft.

Exports to the Middle East accounted for 49 percent of total U.S. arms sales over the previous five years, while Saudi Arabia was the single-most important U.S. export market, totalling almost one-fifth of U.S. sales.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58October 17 2018 12:59:46

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16October 17 2018 12:59:46

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18October 17 2018 12:59:46

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

News:
China World Business Sports Showbiz Audio
Video:
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
Photos:
China World Fun Travel Entertainment Sports
Travel:
Beijing Shanghai Guangzhou
Lifestyle:
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords