Defense Exports Are Booming Despite the Downturn
One of the reasons for this strong performance by the United States amid global economic uncertainty is a relaxation in arms export rules, allowing parts for military aircraft to be exported freely. Russian defense exports also increased from $8.3 billion to just over $10 billion.
France rounds off the top three global defense exporting countries. Between 2008 and 2012, exports rose from just over $4 billion to $4.6 billion.
This chart shows the leading global defence exporting countries 2008-2012 (in million US dollars).