Sunday, 26 March 2017
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defenceindustry

The medium term trend in arms export continues to be downward. The real value of global arms deliveries fell by 9.9% in 2007 to US $ 31.0 bn after rising by 7.7% in 2006. The real value of deliveries has fallen in three of the seven years between 2000 and 2007 – the peak value was US$ 40.6 billion in 1999. These figures are in constant 2007

In 1987 the USSR accounted for over one third of the value of arms deliveries. By contrast, Russia accounted for just 6.5% in 1998, and its market share has averaged 14% since 2000. It has however just regained the No 2 spot.

The USA accounted for 41.3% of the value of global arms deliveries in 2007. The UK market share fell to 8.4% in 2007, its lowest level for nearly two decades

The top 6 exporters in 2007 were ;

USA 41.3%
Russia 15.2%
UK 8.4%
France 6.8%
China 4.5%
Germany 3.2%

Rest of the world was the remaining 20.6%

data compiled by International Institute for Strategic Studies - Military balance

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