US, Russia Remain World’s Top Arms Exporters – Annual Arms Trade Report

© Sputnik / Sergey Mamontov / Go to the mediabankRussia was the world’s second largest arms exporter in 2014, while the United States remained on top.
Russia was the world’s second largest arms exporter in 2014, while the United States remained on top. - Sputnik International
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Russia is the world’s second largest arms exporter, while the United States remains on top.

Russia's state arms exporter Rosoboronexport - Sputnik International
Russia’s State Arms Exporter Sells Abroad Weapons Worth $13Bln in 2014
Russia remains the world’s second largest arms exporter after the United States, according to the 2014 annual defense trade report conducted by research company IHS Inc.

“Russia had a record year – the country’s arms export in 2014 was $10 billion, a 9-percent increase compared to 2013,” the IHS report said.

Largest buyers of Russian arms in 2014 were China ($2.3 billion), India ($1.7 billion), as well as Venezuela and Vietnam ($1 billion each).

In 2014, the global defense trade rose for the sixth straight year to a record $64.4 billion.

Germany ceased arms exports to Saudi Arabia, with some of the delivery contracts cancelled or left for later revision amid region's instability - Sputnik International
Germany Stops Arms Exports to Saudi Arabia Amid Instability in Region
The United States remained the top arms exporter last year, ahead of Russia, France, Britain and Germany, which rounded out the top five.

While Russia and Western countries are the main arms exporters, main arms buyers are in the Middle East and Asia. The top-five arms importers in 2014 were Saudi Arabia, India, China, the United Arab Emirates and Taiwan.

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