Procurement: China Goes From Buyer To Seller

Archives

March 20, 2011: Arms exports are big business, with nearly $50 billion of sales a year. The biggest importer is now India, representing about nine percent of sales (and 80 percent of that coming from Russia). China used to be the top importer, but has steadily increased their own production (often using stolen Russian technology) and now represents only six percent of world arms imports (the same amount as much smaller South Korea imports). Next comes impoverished Pakistan, with five percent (much of it paid for by the United States.)

Some 43 percent of arms exports go to Asia (mostly China, Australia, South Korea, Taiwan, Japan). The Middle East (largely Israel and the Arab Gulf states) gets 17 percent, with Europe getting 21 percent, Africa seven percent and the Americans 12 percent. The United States represents about 30 percent of these sales.

 

 

 

X

ad

Help Keep Us From Drying Up

We need your help! Our subscription base has slowly been dwindling.

Each month we count on your contribute. You can support us in the following ways:

  1. Make sure you spread the word about us. Two ways to do that are to like us on Facebook and follow us on Twitter.
  2. Subscribe to our daily newsletter. We’ll send the news to your email box, and you don’t have to come to the site unless you want to read columns or see photos.
  3. You can contribute to the health of StrategyPage.
Subscribe   contribute   Close