According to the latest report from the Research Institute for International Peace in Stockholm, the United States continues to be the largest exporter of arms. China is already the third largest arms exporter in the world. Although its share of the global total is only 5%, well below the 58% owned by the United States and Russia, that supply the most arms to international markets. In the last five years, arms sales by China have grown 143% over the previous five years, according to the report released Monday by the Research Institute for International Peace in Stockholm. Worldwide, the volume of the arms trade grew by 16% in the period between 2010 and 2014 compared to 2005-2009. The increased flow headed towards Asia, which garnered 48% of imports. Meanwhile, 22% went to the Middle East and about 10% to the Americas.
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