US EditionUS Arms Exports Surge to 43% of Global Market Amid Ukraine War
- In the period from 2020 to 2024, the United States accounted for 43 percent of global arms exports, as reported by the Stockholm International Peace Research Institute .
- Ukraine became the world's largest arms importer, accounting for 8.8 percent of global arms imports between 2020 and 2024, according to SIPRI.
- European NATO states doubled their arms imports in the last five years, with over 60 percent sourced from the United States, SIPRI reported.
- Russia's arms exports fell to 7.8 percent of the global market, impacted by international sanctions and a decline in demand after the Ukraine invasion.
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Ukraine War Increases U.S. Dominance Of Global Arms Trade
The war in Ukraine has helped grow the U.S.'s dominance of the arms industry, with exports between 2020 and 2024 jumping by more than a fifth compared with the 2015-19 period. Data from the Stockholm International Peace Research Institute (SIPRI) shows U.S. companies increased their share of global arms exports to 43% in 2020-24 from 35% in the 2015-2019 period.U.S. arms exports amounted to about the same share of the global market as the next e…
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Leaning Left19Leaning Right21Center23Last UpdatedBias Distribution37% Center
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37% Center
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C 37%
R 33%
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