"The U.S. continues to dominate the global arms business, with a massive 43% of global arms exports during 2020-2024. Total exports jumped by 21% compared to the previous five-year period, from 2015 to 2019."
"While Russia sharply declines as an arms supplier, the U.S. and its allies dominate the global market, with China filling in gaps for non-aligned countries."
"As partnerships in advanced weapons continue to expand globally, there's no reason to expect U.S. dominance to slow down or change."
"France became the world's second-largest weapons exporter, growing its share from 8.6% in 2015-2019 up to 9.6%. France's biggest customer, at 28% of arms exports, was India."
The global arms trade has shifted significantly in the past five years. The U.S. emerged as the dominant player, increasing its share to 43% of global arms exports, a 21% rise from the previous term. Russia's position weakened notably, while U.S. allies, including China, gained prominence. France followed, becoming the second-largest exporter with a market share increase to 9.6%. India, Qatar, and Greece ranked among the leading customers for French arms. The continued expansion of advanced weapons partnerships indicates U.S. dominance may persist.
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