Ukraine boosts U.S. dominance of arms trade

The war in Ukraine has helped grow U.S. dominance of the arms industry, with their exports between 2020 and 2024 jumping by more than a fifth compared with the 2015-19 period

SHARE OF GLOBAL ARMS EXPORTS (%)

2015-19
U.S. 35
France 8.6
Russia 21
China 6.2
Germany 5.7
S. Korea 2.2
Spain 3.0
Israel 3.1
UK 3.6
Italy 4.8
Others 10.3

2020-24
U.S. 43
France 9.6
Russia 7.8
China 5.9
Germany 5.6
S. Korea 2.1
Spain 2.3
Israel 3.2
UK 3.6
Italy 2.0
Others 11.4

TOP TEN BIGGEST RECIPIENTS
Share of global imports 2020-24, %
(2015-19, %)

Ukraine: 8.8% of imports in 2020-24 – nearly 100 times more than 2015-19
Ukraine
India
Qatar
Saudi Arabia
Pakistan
Japan
Australia
Egypt
U.S.
Kuwait

8.8 (0.1)
8.3 (9.1)
6.8 (3.0)
6.8 (11)
4.6 (2.8)
3.9 (2.0)
3.5 (4.8)
3.3 (5.8)
3.1 (1.9)
2.9 (0.5)

MGM-140 Army Tactical Missile System (ATACMS)

Source: SIPRI
Picture: U.S. Army
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