Procurement: Spain Makes It To The Big Time


June 5, 2012: In the last decade Spain has developed into a major weapons exporting nation. This year Spanish arms exports doubled (to $3.1 billion) over the last year. It was only seven years ago that Spanish defense sales were only $545 million. The following year they doubled to $1.1 billion. Most of Spain's exports are warships (surface ships and subs).

The war on terror caused a large jump in arms exports but the 2008, worldwide economic recession put a halt to that. In 2003, international arms exports amounted to $39 billion. By 2008, it reached nearly $70 billion. By last year these exports had declined to $40 billion. Throughout this period the U.S. accounted for about 38 percent of these exports, followed by Russia (18 percent) and West European nations (24 percent) and many others (20 percent). The top five nations were: the U.S. ($171 billion), Russia ($81 billion), France ($37 billion), Britain ($30 billion), and China ($16 billion). Spain is now firmly in the top ten. Most of the exports were to developing nations, which do not yet have large enough arms industries to supply their own needs. The main customers for all these implements of destruction have been India, Middle Eastern oil states, and China.



Article Archive

Procurement: Current 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 



Help Keep Us Soaring

We need your help! Our subscription base has slowly been dwindling. We need your help in reversing that trend. We would like to add 20 new subscribers this month.

Each month we count on your subscriptions or contributions. You can support us in the following ways:

  1. Make sure you spread the word about us. Two ways to do that are to like us on Facebook and follow us on Twitter.
  2. Subscribe to our daily newsletter. We’ll send the news to your email box, and you don’t have to come to the site unless you want to read columns or see photos.
  3. You can contribute to the health of StrategyPage. A contribution is not a donation that you can deduct at tax time, but a form of crowdfunding. We store none of your information when you contribute..
Subscribe   Contribute   Close