World Arms Trade Sets Records

Rubric: World, Industry

In 2015 volume of global conventional arms export and import will make at least $92.8 bln. That is the highest result since the end of the ‘cold war’ era.

These calculations were presented by the Centre for Analysis of World Arms Trade (CAWAT).

DSEI exhibition

Statistics count only legal arms transfers. CAWAT estimates illegal market at more than $5 bln.

The top position in the real volume of arms trade in 2015 holds the US. According to preliminary data, volume of identified American military exports in 2015 will make $41.548 bln, which is 44.77% of the world’s arms export.

Russia ranks second in the CAWAT rating with $13.944 bln (15% of global exports).

Third position is held by France making $7.874 bln or 8.5% of world arms transfers.

Then goes Germany with $5.392 bln (5.8% of worldwide arms trades).

The UK occupies the fifth position achieving $2.801 bln which is 3% of global arms exports.

Other Top 10 global arms sellers in 2015 are as follows: Israel – $2.8 bln (3%), Italy – $2.534 bln (2.7%), Spain – $2.459 bln (2.6%), China – $2.45 bln (2.6%) and Switzerland – $1.711 bln (1.8%).

To compare, in 2012 volume of global arms exports amounted to $57.018 bln, in 2013 – about $57 bln.