US and Russia remain world’s biggest arms exporters – study

Russia remains the world’s second biggest seller of arms behind the United States, increasing its share by 37 percent in 2010-2014. China has boosted exports by 143 percent, squeezing out Germany from the top three exporters.

Russian weapons were exported to 56 countries, with India, China and Algeria making for almost 60 percent of total sales, said the Stockholm International Peace Research Institute (SIPRI) in its 2015 Yearbook Monday. Asia and Oceania received 66 percent of Russian arms exports during the period, while Africa accounted for 12 percent and the Middle East 10 percent.

The United States remains the leading arms exporter increasing sales by 23 percent, with the country’s share of the global arms trade at 31 percent. Ninety-four countries imported US made weaponry, with the Middle East accounting for 32 percent of the purchases. The United States and Russia made up 58 percent of the global trade in conventional arms .... http://rt.com/business