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- US Widens Lead as Global Arms Exporter Amid Increased European Demand
US Widens Lead as Global Arms Exporter Amid Increased European Demand
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Global arms imports and exports have been relatively stable since 2010, with the volume remaining more or less at the same level. However, there has been a shift in the market, with Ukraine emerging as the world's leading arms importer between 2020 and 2024, surpassing its previous ranking of fourth place. The United States has maintained its position as the largest exporter, accounting for 43% of global arms exports between 2020 and 2024. France has solidified its position as the second-largest exporter, followed by Russia.
Trump was an aggressive arms sales promoter in his first term.
Maybe some European allies will look inward instead of buying American due to Trump's statements about and treatment of the alliance thus far.
Two of Russia's most important arms-trading relationships had already weakened before 2022, with India increasingly favoring other suppliers, and China sourcing more arms from its own burgeoning arms industry.
With an increasingly belligerent Russia and transatlantic relations under stress during the first Trump presidency, European NATO states have taken steps to reduce their dependence on arms imports and to strengthen the European arms industry.
The USA is in a unique position when it comes to arms exports.
At 43 percent, its share of global arms exports is more than four times as much as the next-largest exporter, France.
Global Military Spending Surge
- Global military spending reaches highest level since Cold War era
- Global defense budget reaches new record high of $2440bn
sources
perspectives
- 1.US Foreign Policy
- 2.Israel-Palestine Conflict
- 3.Russian Foreign Policy
- 4.Russia-Ukraine War
- 5.Chinese Foreign Policy
- 6.China Claims in South China Sea
- 7.North-South Korea Conflict
- 8.European defense
- 9.Israel-Iran Conflict
- 10.German Economy
countries
- 1.Belgium
- 2.Brazil
- 3.Canada
- 4.China
- 5.Denmark
- 6.France
- 7.United Kingdom
- 8.Greenland
- 9.Greece
- 10.Croatia
- 11.Israel
- 12.India
organizations
- 1.North Atlantic Treaty Organisation
- 2.Stockholm International Peace Research Institute
- 3.Kremlin
- 4.European Union
- 5.Quincy Institute for Responsible Statecraft
- 6.SIPRI Military Expenditure and Arms Production Programme
- 7.White House
persons
- 1.Donald Trump
- 2.Mathew George
- 3.Pieter Wezeman
- 4.Jamal Khashoggi
- 5.Narendra Modi
- 6.Volodymyr Zelenskiy
- 7.William D Hartung