Marketing-Börse PLUS - Fachbeiträge zu Marketing und Digitalisierung
print logo

Egypt topped developing countries in arms imports in 2015

A US report stated that Egypt imported US$5.3 billion worth of arms in 2015, more than any other developing country.
28.12.16 | Source: Mada Masr

Egypt imported US$5.3 billion worth of arms in 2015, more than any other developing country, according to a report released this month by Congressional Research Service, a public policy research arm of the United States Congress.

Egypt also came second among developing countries on 2015 arms transfer agreements — agreements that were signed but not necessarily delivered — signing agreements worth $11.9 billion. Qatar ranked first, with agreements worth $12 billion.

According to the report, which traces arms sales to developing nations between 2008 and 2015, Egypt signed arms transfers agreements totalling $30 billion, coming third after Saudi Arabia and India.

Egypt ranked sixth among developing countries in total arms transfers agreements between 2008 and 2011, worth $8.6 billion. The US was the biggest arms exporter to Egypt in this period, with 79 percent of total arms transfer agreements, followed by China then Russia.

FREE NEWSLETTER