Wednesday, October 18, 2017
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Small arms valued at $6 billion traded internationally

Small arms surveyAccording to the Small Arms Trade Barometer’s last survey the international trade in small arms in worth “at least $ 6 billion” with a year-on-year increase of 49% in military firearm shipments.

This was valued at$ 708 million while the value of the trade in pistols and revolvers declined by 16% to $845 million.

The top exporters of small arms, those with annual exports of at least $ 100 million, in descending order, were: the United States, Italy, Brazil, Germany, South Korea, Austria, Turkey, the Russian Federation, the Czech Republic, Belgium, Croatia, Israel, Spain, Switzerland, and Japan. Brazil exported more than USD 500 million worth of small arms for the first time during 2001/14.

The United States also topped the small arms importers list followed by Canada, Indonesia, Saudi Arabia, Germany, Australia, Iraq, France, the Netherlands, and the United Kingdom.

The 2017 edition of the Small Arms Trade Transparency Barometer identifies Germany, Switzerland, Netherlands and Serbia as the most transparent top and major small arms exporters. Iran, Israel, North Korea, Saudi Arabia and the United Arab Emirates (UAE) are the least transparent major exporters.