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Friday, November 22, 2024
CEOWORLD magazine - Latest - CEO Advisory - Top 20 countries that bought the most major weaponry from the United States in 2017

CEO Advisory

Top 20 countries that bought the most major weaponry from the United States in 2017

The U.S. sold $41.9 billion worth of weapons to foreign partners and allies in fiscal 2017, according to the US Defense Security Cooperation Agency.

About $12.4 billion of that $42 billion was of major weaponry, including military aircraft ($6.9 billion), missiles ($2.2 billion), armoured vehicles ($1.5 billion), and more, according to the Stockholm International Peace Research Institute.

Nearly $7 billion of the $12.4 billion exported was of military aircraft, SIPRI reported. SIPRI is an independent research group that collects detailed data on major weapons transfers, including the countries they’re exported to and imported from.  The top five biggest spenders were the United States, China, Saudi Arabia, Russia and India, which accounted for 60 percent of global military spending.

Here are the 20 countries that bought the most major weaponry from the United States in 2017:

20. Jordan
Amount purchased: $127 million

19. Mexico
Amount purchased: $150 million

18. Egypt
Amount purchased: $189 million

17. Canada
Amount purchased: $$217 million

16. Afghanistan
Amount purchased: $250 million

15. Indonesia
Amount purchased: $243 million

14. India
Amount purchased: $252 million

13. Norway
Amount purchased: $330 million

12. Morocco
Amount purchased: $351 million

11. Italy
Amount purchased: $393 million

10. South Korea
Amount purchased: $456 million

9. Japan
Amount purchased: $479 million

8. Taiwan
Amount purchased: $493 million

7. Qatar
Amount purchased: $496 million

6. United Arab Emirates
Amount purchased: $499 million

5. Iraq
Amount purchased: $506 million

4. Israel
Amount purchased: $$515 million

3. United Kingdom
mount purchased: $698 million

2. Australia
Amount purchased: $1.172 billion

1. Saudi Arabia
Amount purchased: $3.425 billion


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CEOWORLD magazine - Latest - CEO Advisory - Top 20 countries that bought the most major weaponry from the United States in 2017
Prof. Dr. Amarendra Bhushan Dhiraj
Prof. Dr. Amarendra Bhushan Dhiraj is a publishing executive and economist who is the CEO and editor-in-chief of The CEOWORLD magazine, one of the world’s most influential and recognized global news publications. Additionally, he serves as the chair of the advisory board for the CEOWORLD magazine. He received his Ph.D. in Finance and Banking from the European Global School, Paris, France. He earned his Doctoral Degree in Chartered Accountancy from the European International University Paris, France, and a Doctorate in Business Administration from Kyiv National University of Technologies and Design (KNUTD), Ukraine. Dr. Amarendra also holds a Master of Business Administration degree in International Relations and Affairs from the American University of Athens, Alabama, United States.


Prof. Dr. Amarendra Bhushan Dhiraj is CEO and editor-in-chief of CEOWORLD magazine. You can follow him on LinkedIn, Facebook, Twitter.