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Wednesday, November 6, 2024
CEOWORLD magazine - Latest - CEO Advisory - Market Share Of The World’s Biggest Arms Suppliers Between 2014 And 2018, By Country

CEO Advisory

Market Share Of The World’s Biggest Arms Suppliers Between 2014 And 2018, By Country

Unsurprisingly, the United State tops the list. The U.S. exported 36 percent of all arms sold in the 2014-2018 period, according to a report published by the Sweden-based Stockholm International Peace Research Institute (SIPRI). Russia ranked number two on the list with 20 percent.

Russia was the second-largest exporter in the world. It sold weapons to 48 countries and accounted for 21% of all arms sold.

The top five arms exporters — the United States, Russia, France, Germany, and China.

The table below lists the market share of the largest suppliers of major weapons between 2014 and 2018.

Market Share Of The World’s Biggest Arms Suppliers Between 2014 And 2018, By Country

  1. United States: 36%
  2. Russia: 21%
  3. France: 6.8%
  4. Germany: 6.4%
  5. China: 5.2%
  6. UK: 4.2%
  7. Spain: 3.2%
  8. Israel: 3.1%
  9. Italy: 2.3%
  10. Netherlands: 2.1%
  11. South Korea: 1.8%
  12. Ukraine: 1.3%
  13. Switzerland: 1%
  14. Turkey: 1%
Market Share Of The World’s Biggest Arms Suppliers Between 2014 And 2018, By Country

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CEOWORLD magazine - Latest - CEO Advisory - Market Share Of The World’s Biggest Arms Suppliers Between 2014 And 2018, By Country
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.