U.S. Arms Exports Surge to 43% of Global Market Amid Ukraine War
New data highlights how the Ukraine conflict and European rearmament have bolstered U.S. dominance in the global arms trade, while Russia's exports plummet.
- The United States accounted for 43% of global arms exports from 2020 to 2024, a significant increase from its historical average of 35%.
- Ukraine became the largest global arms importer during this period, with imports nearly 100 times higher than between 2015 and 2019, reflecting the impact of Russia's 2022 invasion.
- European nations increased arms imports by 155% in response to perceived threats from Russia, further driving demand for U.S. weapons.
- Russia's arms exports dropped 64% over the past five years, due to sanctions, battlefield demands, and shifting alliances with key buyers like India and China.
- Uncertainty about U.S. foreign policy under President Trump has prompted some European NATO countries to explore reducing reliance on American arms while still placing substantial orders.